The owner of one of Canada’s major commercial maltsters says its takeover by a major French peer won’t be challenged by Canada’s antitrust regulator. United Malt Group, whose Canadian assets […] Read more
Tag Archives canada malting
Bureau won’t challenge takeover of Canada Malting parent
U.K. also has 'no further questions'
Richardson buys into European malt market
Winnipeg agrifood firm buys U.K.-based Anglia Maltings
Paris | Reuters — Canada’s biggest grain merchant Richardson International is entering the malt sector through the acquisition of U.K.-based Anglia Maltings Holdings (AMH), targeting rising demand for the beer […] Read more
France’s InVivo makes bid for United Malt
Bid would include Canada Malting business
Reuters — United Malt Group has received an indicative, non-binding offer from Malteries Soufflet, a branch of French agribusiness InVivo, the Australian commercial maltster said on Tuesday, valuing it at […] Read more
GrainCorp’s global malting spinoff gets shareholders’ blessing
Canada Malting to go to new owner, United Malt Group
Shareholders in the Australian owner of Canada’s biggest malt company have voted nearly all in favour of a spinoff for their worldwide malting assets. During their general meeting Monday in […] Read more
Suitor quits bid for Australia’s GrainCorp
Sydney | Reuters — Australia’s largest-listed grain handler, GrainCorp Ltd., said that suitor Long-Term Asset Partners (LTAP) has withdrawn its A$2.4 billion (C$2.26 billion) takeover bid after due diligence, pushing […] Read more
Canada Malting to join GrainCorp’s global malting spinoff
The Australian owner of Canada’s biggest malt company plans to spin it off, along with its other worldwide malting assets, into a new stand-alone malt industry player. Sydney-based GrainCorp announced […] Read more
GrainCorp says offer not certain enough to make recommendation
Reuters — Australia’s GrainCorp Ltd. on Wednesday said it was providing suitor Long-Term Asset Partners (LTAP) due diligence to put forward a more certain proposal. The country’s largest listed bulk […] Read more
ADM sells stake in Canada Malting owner GrainCorp
Chicago | Reuters — U.S. agricultural commodities trader Archer Daniels Midland has sold its 19.9 per cent stake in GrainCorp to underwriters UBS, just three years after a failed bid […] Read more
Japanese co-op, Canada Malting owner make Prairie grain play
A major Japanese farm co-operative and the Australian owner of Canada Malting are staking a new joint claim in Canada’s Prairie grain handling sector. Tokyo-based Zen-Noh Grain Corp. (ZGC) and […] Read more
GrainCorp to boost U.S. malt output, target craft beer boom
Sydney | Reuters –– Australian agribusiness GrainCorp plans to nearly double output capacity at one its U.S. malt plants, to capitalize on soaring North American demand for craft beer. Typically […] Read more