French multinational crop processor Tereos is to sell its shareholding in Boortmalt, the world largest maltster, which has maltings in the UK. The business is seeking to reduce debt levels. Tereos is reported to have reached an...
Axéréal
Boortmalt to double output at its Buckie maltings
Pauls Malt, the UK trading name for Boortmalt, is to invest £12 million to expand its maltings at Buckie on Scotland’s Morayshire coast. It says the move will support the growing demand for malt in whisky distilling and brewing – recent years have seen a significant...
Boortmalt completes its Cargill Malt takeover
Boortmalt has completed its acquisition of the Cargill Malt business, which was first agreed nearly 12 months ago. The deal will make Belgium-based Boortmalt, a subsidiary of the French grain co-operative Axereal, the world’s largest maltster. The two companies first...
Boortmalt’s Cargill deal makes it the world’s largest maltster
The UK’s largest maltster, Boortmalt, is about to become part of the world’s biggest following its parent company’s agreement to acquire Cargill Malt, subject to regulatory clearances. The move would transform the business from a purely European to global scale with...
