• Last Call: Cargill Unloads Malt Business; Domestic Beer Shipments Decline 6 Percent in November

    29 days ago - By Brewbound

    Cargill Sells Malt Business to French Company
    Minnesota-headquartered Cargill has reached an agreement to sell its global malt business to Frances' Boortmalt, a subsidiary of Axéréal and one of the leading malting companies in the world, according to a press release .
    The transaction is subject to regulatory approval and is expected to close in the second half of 2019.
    Boortmalt - which operates plants in France, England, Scotland, Ireland, Croatia and Hungary - will add Cargill's 15 worldwide facilities in the United States, Canada, Australia, Belgium, Germany, France, the Netherlands...
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