Marubeni buys grain marketer Gavilon for $3.6B

In Nebraska, Japan’s Marubeni Corp. has bought grain marketer Gavilon for $3.6 billion including marketing of ethanol from its E Energy plant in Adams. The company is the US’s third largest grain marketer. The company also owns grain elevators, fertilizer companies and a variety of energy businesses that will allow Marubeni to compete with Cargill in the local market.