Project Description
Noble Agri is Noble Group’s fully-owned subsidiary in agribusiness, with origination, processing and distribution of grains and oilseeds, sugar and ethanol, and other soft commodities (cotton, cocoa, coffee) trading. It is a global agriculture commodities company operating through 60 offices around the world, including Brazil, China, Argentina, Eastern Europe, India and South Africa.
In April 2014, COFCO Corporation (“COFCO”), the leading agribusiness group in China, through its subsidiary entered into agreement with Noble Group to buy 51% shareholding in Noble Agri through secondary purchase, and create a joint-venture trading platforms to capitalize on potential synergies across the supply chain with COFCO. IFC is invited to co-invest with COFCO, HOPU Fund and other investors into Noble Agri.