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Slide #29. MFC Industrial Ltd. — Majority Interests in ACC Resources Co., LP and Possehl Mexico S.A. de C.V.
MFC Industrial Ltd. (MIL)
Majority Interests in ACC Resources Co., LP and Possehl Mexico S.A. de C.V.
MFC Industrial Ltd. announces that it has acquired a majority interest in Park Ridge, NJ-based ACC Resources Co., L.P. ("ACCR") and Mexico City-based Possehl Mexico S.A. de C.V. ("Possehl"). Unless otherwise noted, all dollar amounts are in United States dollars.
MFC Industrial is engaged in the commodities supply chain business. Co., through its subsidiaries, source, produce, process, transport, finance, assess risk and warehouse for producers and consumers of commodities. Co. also engaged in the hydrocarbon business in Canada. Co.'s business is divided into three operating segments: global supply chain, which includes Co.'s marketing activities and captive supply assets; trade finance and services, which includes structured solutions, financial services and proprietary investing activities and all other, which encompasses Co.'s corporate and other investments and business interests, including Co.'s medical supplies and servicing business.
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Hold (2.29 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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