News of Cargill spinning off its malting business was first announced last December. The deal to sell the global malt business to Axreal’s subsidary, Boortmalt, has officially closed, as of October 31. Boortmalt’s parent company, Axreal, is France’s largest grain cooperative. Cargill had one lone malting company in Canada — Prairie Malt, based at Biggar,… Read More
Tag: Boortmalt
A French company is purchasing 15 malt barley facilities from Cargill. The purchase includes Prairie Malt, located in Biggar, Sask. The two companies, Cargill and Axéréal’s malt subsidiary, Boortmalt, entered into an agreement expanding Boortmalt’s global economic footprint. In a news release, Cargill states existing clients should also see further opportunities for growth as a result… Read More