ADQ enters agreement to acquire stake in Louis Dreyfus Company

Food and agriculture is an attractive, core sector for ADQ to generate financial returns and strengthen the economic cluster locally. As one of the world’s leading agri-commodities and food companies, LDC represents a strategic investment opportunity for ADQ. With a diversified agri-commodity portfolio, significant scale and broad geographic footprint, LDC will further accelerate the progress we have already made this year in significantly expanding ADQ’s food and agriculture portfolio.

We share LDC’s vision for future growth of the business, and look forward to partnering with LDC’s existing shareholders and management team to capitalise on the sector’s emerging opportunities by accelerating LDC’s transformative growth strategy to move towards greater value chain integration – from producers to consumers.

The transaction announced today constitutes a milestone in a decade-long strategy envisioned by the Supervisory Board, which started with the consolidation of LDC’s parent company’s shareholding. We are delighted to welcome ADQ to our shareholder group as long-term partners and investors, with a common vision for LDC’s future, and experience that will bring further value to the business and support the Group’s ambitions.

LDC will continue to leverage its core historic capabilities to efficiently analyze and capture opportunities in a rapidly changing context, while pursuing our vision to shape resilient global food supply chains, guided by our purpose to create fair and sustainable value for the benefit of current and future generations. As we embark on the next stage of LDC's development, we look forward to working with ADQ toward the realization of that shared vision.