
Tag Archives Marubeni

Gavilon names former ADM exec as CEO in management reshuffle
Reuters — Gavilon LLC has hired a former executive from rival Archer Daniels Midland to take the helm following a big reshuffle at Gavilon, a major U.S. grain merchant, in the latest sign that the commodities rout is upending global merchants. In a statement, the company, owned by Japanese trading house Marubeni, named Lewis Batchelder […] Read more
Marubeni to close Australian grain business
Sydney/Hamburg | Reuters — Japan’s Marubeni Corp. is to close its Australian grain trading business after a review of its global operations. The move “is not in any way reflective of the performance of Marubeni Australia’s grain trading business division, which has been trading profitably for the past three years,” Makoto Kajitani, chairman and managing […] Read more