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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

12/18 04:39