Cargill buys Australian malting company for reported $373 million
The unit, known as Joe White Maltings, was acquired through Glencore’s US$6.2 billion takeover of Canadian grain handler Viterra Inc. last year. It marks Cargill Malt’s first Australian investment, and adds to the company’s portfolio of ten malting plants in markets like North America and Europe, which supply malt to global brewers.
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