February 20, 2012

Viterra sells US and Canadian feed mills

Viterra the Canadian grain handlers company has entered into a deal with a new company Hi-Pro-Feeds, selling its Canadian and North American livestock operations. The sale includes six feed mills and one pre-mix manufacturing plant in Canada, and six feed mills and a commodity blending site in the United States.

 “The company will continue to look for opportunities to grow its processing portfolio in industries where it can achieve scale and influence and this divestment will allow us to focus our capital on areas of greatest strategic impact,” president and chief executive officer Mayo Schmidt said in a release. Read more ...

This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers. To get your copy of  'PPLAPP' click here.
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