date:Oct 22, 2012
an's Sumitomo Corporation and Viterra itself, to seek investment in Australia, which deregulated grain export sales some four years ago.
GrainCorp itself in 2010 bid for AWB, Australia's former wheat export monopoly, before being trumped by Canada's Agrium.
Agrium sold AWB's trading assets on to Cargill, keeping the retail operations itself.
Expansion drive
However, GrainCorp has succeeded in a series of takeovers in malt, since entering the market with the 2009 takeover of United Malt Holdi