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GIC WINS INVESTMENT MANDATE

GIC announced this week that it had been awarded a new investment mandate for up to 200 million USD.

October 14, 2005 -- GIC is pleased to announce that it has received an investment advisory mandate from a major multinational company to buy up to $200 million of agro-industry assets in the US and Canada. The first phase of the mandate, now underway, is to pre-select eligible companies and technologies as candidates for complete due diligence and valuation.

GIC is reviewing investment opportunities in probiotics, animal nutrition, aquaculture feed and rapeseed crushing technologies. Criteria for acquisition will include: 1) company size; 2) operating history; 3) stage of technical or product development; 4) market position; 5) management qualifications; and 6) synergies with GIC investor client.

Interested companies and asset managers should contact Rick Gilmore, President/ CEO of GIC, for further information at 703-684-1366 (Office phone)/ 703-684-1369 (Fax)

 


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