Canada Malting’s processing plant in Montreal. (CanadaMalting.com)

Bureau won’t challenge takeover of Canada Malting parent

U.K. also has 'no further questions'

The owner of one of Canada’s major commercial maltsters says its takeover by a major French peer won’t be challenged by Canada’s antitrust regulator. United Malt Group, whose Canadian assets operate under the Canada Malting banner, last month locked in on a previously announced deal to sell itself to France’s Malteries Soufflet for A$1.5 billion […] Read more

Canada Malting’s processing plant in Montreal. (CanadaMalting.com)

France’s InVivo makes bid for United Malt

Bid would include Canada Malting business

Reuters — United Malt Group has received an indicative, non-binding offer from Malteries Soufflet, a branch of French agribusiness InVivo, the Australian commercial maltster said on Tuesday, valuing it at A$1.5 billion (C$1.36 billion). The A$5 per share offer represents a 45.3 per cent premium to United Malt’s last close of A$3.44. Trading in shares […] Read more


(Groupe Soufflet video screengrab via YouTube)

InVivo in talks to acquire French agribusiness Soufflet

Firms see limited overlap outside grain trading

Paris | Reuters — Co-operative group InVivo has entered exclusive talks to acquire family-controlled Soufflet in a deal that would create one of Europe’s biggest agricultural businesses with 10 billion euros (C$15.5 billion) in sales, the French firms said on Wednesday. The potential consolidation comes as France, the European Union’s largest agricultural producer, is trying […] Read more



(LaCooperationAgricole.coop)

InVivo pursues co-op alliances to vie with grain, chemical giants

Paris | Reuters — France’s InVivo wants to expand international partnerships with other co-operatives, including in joint buying of crop supplies and shipping fixtures, as it tries to compete with global grain trading and chemical firms, its CEO said on Wednesday. InVivo, a grouping of 220 agricultural co-operatives and one of the largest exporters of […] Read more