Sale of 40% stake in Glencore Agricultural Products and creation of long-term partnership with CPPIB Glencore plc (“Glencore”) is pleased to announce that it has entered into a definitive agreement with Canada Pension Plan ...
Tags: Agricultural Products, Glencore
Canada-based Viterra has opened a new grain terminal at Ste. Agathe in Manitoba province, in a bid to expand its services for the farmers in the region. The new facility holds a capacity to store about 30,000t of grains. It also has 34 ...
Tags: Viterra, grain terminal
Viterra, a grain and oilseeds marketer and handler, has announced that it will build a new high throughput grain terminal at Wadena in Canadian province Saskatchewan. The new grain facility is planned to have a storage capacity of 34,000 ...
Tags: Viterra, throughput grain terminal
Commodities trading company Glencore has entered into definitive agreement with Canada Pension Plan Investment Board (CPPIB) to sell 40% equity interest of Glencore Agricultural Products for $2.5bn in cash transaction. Glencore's ...
Tags: Glencore, Canada Pension Investment Board, CPPIB, Agricultural Products
Viterra Inc. ("Viterra"), Canada's grain industry leader, is pleased to announce that it is executing on a transformative series of operational improvements and upgrades at its Pacific Terminal at Port Metro Vancouver. The project is ...
Tags: grain industry, Viterra, Pacific Terminal
Post Foods, a US-based cereal brands manufacturer, has agreed to acquire Dakota Growers Pasta from Viterra, a wholly-owned subsidiary of Glencore Xstrata, for $370m in cash. Dakota Growers is located in Carrington, North Dakota, where it ...
Tags: Post Foods, Dakota Growers Pasta
It is now widely known, the integration of Australian Viterra AgriProducts and Wool businesses into Landmark has been completed; and that Landmark has made the decision to exit the wool exporting business. This means the closure of ...
Tags: Wool Exporting, Landmark
Bunge has appointed Karl Gerrand as MD of its Canadian operations. Gerrand comes to Bunge from Viterra and replaces retiring country head Rick Watson. "During his 38-year career, Rick has helped Canada's oilseed industry grow from a ...
Tags: oilseed industry, Bunge, Gerrand
China's competition officials are still weighing Dole Food Co's deal to sell its global packaged food and Asian fresh businesses to Japan's Itochu Corp, forcing the two firms to delay completion of the sale. Dole had hoped to sign-off ...
Tags: Dole Food Co, global packaged food, fresh businesses, company news
Commodity trader Glencore has said it wants to be a "true leader" in global grain trading after completing its acquisition of Viterra in a deal worth US$6bn. Glencore said this week its completion of the deal hands it "immediate critical ...
Tags: Commodity trader Glencore, global grain trading, acquisition
Swiss commodities trader Glencore International has completed the acquisition of Canadian grain handler Viterra for C$6.1bn($6.18bn). Glencore noted that the acquisition gives the company a significant presence in the key grain markets of ...
Tags: Glencore International, Viterra, acquisition
Swiss commodities trader Glencore International has announced that it has received approval from the Canadian government for C$6.1bn ($6.01bn) acquisition of grain handler Viterra. Glencore, which has been in discussion with the ...
Tags: Glencore International, acquisition, grain, Viterra
Swiss commodities trader Glencore International has announced that it has received approval from the Canadian government for C$6.1bn($6.01bn)acquisition of grain handler Viterra. Glencore,which has been in discussion with the ...
Tags: grain handler Viterra, acquisition, capital expenditures