Swiss GSG sells 75% stake in Singapore’s animal feed major Gold Coin to Aboitiz unit

Photo: Gold Coin website

Switzerland-based Golden Springs Group (GSG) has entered into a sale and purchase agreement to sell 75 per cent of one of Asia’s largest animal feed manufacturers, Gold Coin, to Pilmico International Pte Ltd, a subsidiary of Aboitiz Equity Ventures, at an implied enterprise valuation of $550 million.

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