CESL Asia - Investments and Services, Limited signed today in Macau a commitment to acquire Saltiproud Group, a business in the agricultural sector in Portugal, and a Strategic Cooperation Agreement with The Bank of China, Macau.
The signing ceremony for the first agreement gathered representatives from the sellers directly from Portugal and the banks involved in financing the deal. This is a significant acquisition, a valuable asset with 3,700 Ha of agricultural land (Macau is about 3,000 Ha in size), a key sector for us, for China and for the World.