Tag: AGT Food and Ingredients

AGT Food Acquiring Mobil Grain

Regina-based AGT Food and Ingredients has announced an agreement to purchase Mobil Capital Holdings Ltd., the parent company of Mobil Grain, for $57.5 million. The price includes the issuance of $19 million of common shares in AGT and a $19.5 million promissory note. Founded by Lavern and Sheldon Affleck, Mobil specializes in operating a modular-designed, moveable… Read more »

Pulse School: Global Food Trends Favour Pulses

Whether it’s growing demand for protein or pressure to reduce carbon footprints in the food chain, pulses appear well-positioned to benefit from global food trends. As the largest pea and lentil exporter in the world, Western Canada stands to become the “protein basket of the world,” says Murad Al Katib, president and CEO of Regina-based AGT… Read more »

AGT Still Planning to Build a Pasta Plant in Saskatchewan

Plans to build a pasta processing plant in Regina are still alive, according to the head of Saskatchewan-based AGT Food and Ingredients (formerly Alliance Grain Traders.) The company’s purchase of West Central Road & Rail for $22 million this spring moves AGT closer to building the facility first announced back in 2011, said Murad Al-Katib at Canada’s… Read more »

Alliance Grain Traders Changes Name, Reflecting Move Up the Food Chain

Regina-based specialty crop buyer Alliance Grain Traders has completed a change to its name, announcing this morning that it is now known as “AGT Food and Ingredients Inc.” “We feel our new name better reflects our business focus and strategy and makes this focus clear to our shareholders, our customers, our stakeholders and to food… Read more »