Site icon UBN

The London unit of Saudi Agricultural & Livestock Investment Co., or Salic, is close to acquiring Mriya Agro Holding Plc.

The London unit of Saudi Agricultural & Livestock Investment Co., or Salic, is close to acquiring Mriya Agro Holding Plc.

The London unit of Saudi Agricultural & Livestock Investment Co., or Salic, is close to acquiring Mriya Agro Holding Plc., according to Bloomberg. State-run Salic already leases 45,000 hectares adjacent to some of the 165,000 hectares leased by Mriya. Bloomberg writes: “The fertile soils of the Black Sea region and the area’s easy access to top grain and oilseed importers in the Middle East have drawn Salic’s interest.”

Exit mobile version