Cargill Purchases Australia’s Largest Malt Producer for $373M

Cargill, Inc., based out of Minnetonka, MN, is closing on a deal with Glencore Xstrata for its Joe White Maltings unit (which Glencore acquired through a $6.2B takeover of a Canadian grain handler). The deal will cost Cargill a cool $373 million. Cargill already has a portfolio of ten malting plants in markets like North … [ Read more]