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Louis Dreyfus in marketing joint venture with Namoi Cotton
January 15, 2013 / 11:02 PM / 5 years ago

Louis Dreyfus in marketing joint venture with Namoi Cotton

NEW YORK, Jan 15 (Reuters) - Louis Dreyfus Commodities, the world's largest cotton merchant, has set up a joint venture with Namoi Cotton Co-operative Ltd to sell fiber produced by one of Australia's biggest co-operatives, Namoi said on Tuesday.

Namoi will hold a 51 percent stake in the venture, with Louis Dreyfus owning the remaining 49 percent.

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