Canada's AGI Acquires India's Milltec Machinery

Winnipeg, Canada-based Ag Growth International (AGI), announced the acquisition of Bangalore-based Milltec Machinery Limited. The purchase price for Milltec was  CA$109.5 million, plus the potential for up to an additional CA$38.4 million based on the achievement of EBITDA targets. The deal enables the Canadian company to enter the rice equipment industry...

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