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Sovereign Wealth Funds Briefing - Categorized | Investment

Strategic Investment Fund invests 50 mln Euro in Miller and Malt firm Siclaé

Posted on 03 November 2010

From Flex-news-food.com: France’s strategic investment fund - Fonds Strategique d’Investissement (FSI) - has announced that it will acquire a stake in French miller and malt producer Siclaé. FSI will also invest 50 million euro in Siclaé to finance targeted acquisitions and help it consolidate its market positions, it said.
Established in 2005, Siclaé’s sales for fiscal 2009/10, ended June, amounted to 1.65 billion euro. Siclaé operates 76 sites worldwide and employs approximately 6,250 people……………………………………….Full Article: Source

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