American grains network bought by Japanese firm

NEW YORK -- Japan's Marubeni Corp. is buying Nebraska grains company Gavilon Holdings LLC for about $3.6 billion in a move to capitalize on rising demand in developing nations for grain and fertilizer.

The privately held Gavilon owns and runs a grains, fertilizer, and energy commodities distribution and storage network.

Marubeni buys and distributes various industrial and consumer goods and grains.