Cargill reported financial results for the fiscal 2017 first quarter ended 31 August, 2016. Key measures include: Adjusted operating earnings rose 35 percent to $827 million in the first quarter, compared with $611 million in the ...
Tags: Cargill, fiscal results
US agricultural commodities trader Cargill has sold its wheat flour division in Argentina to Molino Canuelas Sacifia for undisclosed sum. Following the acquisition, Canuelas is expected to control 24% share in the flour in the country. ...
Premier Foods plc has sold ethnic flour business Elephant Atta to UK rival Associated British Foods, the latest disposal in its move to cut debts. The GBP34m (US$52.8m) deal includes the Elephant Atta brand, which Premier described as the ...
Tags: Premier Foods plc, ethnic flour, food industry, food market
UK-based Premier Foods has sold Elephant Atta ethnic flour business to Westmill Foods,a subsidiary of Associated British Foods(ABF),in an all-cash deal of £34m,as a part of its plan to lower debts and avoid a breach of its credit ...
Tags: flour, debts, credit agreement
Carr's Flour Mills plans to invest £17m to build a wheat mill in Kirkcaldy,Scotland,as a part of its plan to strengthen its flour business. The mill will be located near the company's old flour mill in Kirkcaldy.According to Carr's ...
Tags: flour business, flour mills, food safety