PRESS RELEASE
(MINNEAPOLIS, USA and OLIVET, FRANCE) December 20, 2018 – Cargill and Axéréal announce their intention to enter into an agreement under which Cargill will sell its malt business to Axéréal’s malt subsidiary, Boortmalt. The transaction involves the global malt business, including 15 facilities across four continents, representing more than 500 people.
This transaction would give Boortmalt access to a global footprint and offer further growth opportunities for Cargill’s Malt business and its people.
Boortmalt is one of the world’s leading maltsters with a long-term commitment to the malting industry.
PRESS RELEASE