date:Aug 29, 2012
e both are very good businesses in their own right, it is the combination of the two into a cohesive whole that allows us to unlock additional value for GrainCorp's shareholders, connects the grain growers who use our network more closely with edible oils customers, and creates a seamless and compelling offer for those customers,she added.
According to a statement, GrainCorp expects to reap about AU$4m in annual savings as a result of the acquisitions, as well be able to crush more than 300,000