date:Aug 06, 2013
Cargill Australia Limited confirmed that Glencore International has accepted Cargill Australia's offer to purchase Joe White Maltings. The sales agreement is subject to certain regulatory approvals, and the parties expect to complete the transaction prior to the end of 2013.
According to Philippa Purser, Cargill Australia managing director, Joe White Maltings is a strong strategic fit for Cargill Australia and for Cargill's Global Malt business.
Through its investments over many years, Cargill