GrainCorp to acquire two edible oil businesses for $490m
date:Aug 29, 2012
The deals, which represent a combined purchase price of A$472m ($490.47m), are part of the company's strategy to build up scale in edible oil sector in Australia and New Zealand.
Gardner Smith is a leading oilseed crusher in Australia, an operator of bulk liquid port terminals, and runs complementary used-oil recycling and animal feed businesses, while Integro Foods refines and packages edible fats and oils for food industry customers in Australia and New Zealand.
GrainCorp plans to combine the
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