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Hassad acquires 22.5% stake in world’s largest organic grain and oilseed company

Hassad acquires 22.5% stake in world’s largest organic grain and oilseed company

Leading Qatari food investor Hassad Food Company has acquired a 22.5% stake in the world’s largest organic grain and oilseed company, Sunshine Foods International, reports Global AgInvesting., Hassad acquires 22.5% stake in world’s largest organic grain and oilseed company.The subsidary of Qatar Investment Authority also announced the signing of a strategic agreement with Tiryaki Agro – owner of Canadian-based Sunshine Foods – to provide various food grains to meet local demand and strengthen Qatar’s food security,As much as 90% of Qatar’s food was sourced through imports and the country’s food consumption was expected to hit 2.2M tonnes this year.

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