# Continental Grain Company Acquires a 16% Equity Interest in RiceBran Technologies

> Continental Grain Company agreed to buy 2.7 million shares of RiceBran Technologies for $2.9 million, giving it a 16% stake. RiceBran Technologies makes value-added products from rice bran.

- Date: 2017-09-14 · published 2017-09-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/69025-continental-grain-company-acquires-a-16-equity-interest-in-ricebran-technologies
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

This is a corporate investment in a small rice bran processor and does not change supply, demand or prices for commodities.

## Sources

- prnewswire.com: https://www.prnewswire.com/news-releases/continental-grain-company-acquires-a-16-equity-interest-in-ricebran-technologies-644394573.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.