Malteries Soufflet, a subsidiary of the French agribusiness cooperative InVivo, has completed its AUS$1.5 billion takeover of Australia’s United Malt, following regulatory clearances in its markets. The deal,...
InVivo
InVivo agrees United Malt deal
Malteries Soufflet, the malt making division within the French agricultural co-operative InVivo Group, has agreed to acquire 100% of the shares in Australia’s United Malt Group, subject to shareholder and regulatory approvals. The...
InVivo bids to acquire United Malt
French co-operative agribusiness InVivo is set to reappear in the UK market through its proposed AUS$1.5 billion takeover of Australia’s United Malt, parent of the Bairds Malt business. The InVivo Group...
Frontier invests £5m in SGT after full equity purchase
National arable marketing business Frontier Agriculture has invested over £5 million upgrading the deepwater Southampton Grain Terminal, following its acquisition of the full ownership of the facility. Frontier had held a 50%...
Frontier recovers from small 2020 harvest
Profitability at the UK’s biggest arable marketing business, Frontier Agriculture, has recovered to 2019 levels after the tough trading year of 2020 due to the smallest wheat crop for four decades. It says the...
Invivo and Soufflet merger nears
The merger of two French multinational grain trading businesses is imminent, with InVivo expecting to formally agree to acquire Groupe Soufflet within the next fortnight. In January this year, the two companies announced that they were in exclusive talks to create a...
