Agricultural merchant Louis Dreyfus Company Holdings (LDCH) has announced the buyout of minority stakes in the business by Margarita Louis-Dreyfus, the company’s chairman and largest shareholder.
With the buyout, Margarita Louis-Dreyfus now owns 96.2% of the company, via her family foundation, Akira.
The buy-out turns a page in the Group's history to a new and exciting chapter,” she said.
“I am extremely grateful for the incredible heritage that is ours today. With a stable ownership structure in place, a clear strategy for our next growth phase and a strong management team, we are well positioned to write our next chapter and fulfill our purpose to create fair and sustainable value for the long term.”
Netherlands-based LDCH is a global merchant and processor of agricultural goods.
© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. Click subscribe to sign up to ESM: European Supermarket Magazine.