Insights and Stories on GrainCorp

GrainCorp’s global malting spinoff gets shareholders’ blessing

Mar. 19, 2020 at 11:55 am CDT

Shareholders in the Australian owner of Canada’s biggest malt company have voted nearly all in favour of a spinoff for their worldwide malting assets. During their general meeting Monday in Sydney, participating shareholders in GrainCorp voted over 99 per cent in favour of resolutions which will see the company’s malt […]

Suitor quits bid for Australia’s GrainCorp

May. 7, 2019 at 3:33 pm CDT

By Reuters

Canada Malting to join GrainCorp’s global malting spinoff

Apr. 3, 2019 at 8:14 pm CDT

By GFM Staff

GrainCorp says offer not certain enough to make recommendation

Dec. 18, 2018 at 7:49 pm CST

By Reuters

GrainsConnect picks second Alberta terminal site

Jun. 2, 2017 at 7:20 pm CDT

By Staff

ADM sells stake in Canada Malting owner GrainCorp

Dec. 1, 2016 at 7:31 pm CST

Chicago | Reuters — U.S. agricultural commodities trader Archer Daniels Midland has sold its 19.9 per cent stake in GrainCorp to underwriters UBS, just three years after a failed bid to wholly acquire the Australian grain handler, ADM said Thursday. The sale to the Swiss bank was valued at A$387 […]

By Karl Plume

GrainCorp to join buyer group for Australian wheat marketer

Feb. 16, 2016 at 7:37 pm CST

Sydney | Reuters — Australia’s GrainCorp said Wednesday it was joining a consortium that plans to acquire, then list, Western Australia’s grower-owned Co-operative Bulk Handling Ltd (CBH), the country’s largest wheat exporter. The proposal is led by Australian Grains Champion, a Western Australian grower-led initiative. The acquisition would be valued […]

By Colin Packham

Japanese co-op, Canada Malting owner make Prairie grain play

Dec. 14, 2015 at 7:04 pm CST

A major Japanese farm co-operative and the Australian owner of Canada Malting are staking a new joint claim in Canada’s Prairie grain handling sector. Tokyo-based Zen-Noh Grain Corp. (ZGC) and Sydney-based GrainCorp on Monday announced plans to build new grain origination sites in Alberta and Saskatchewan, through a 50/50 Canadian-incorporated […]

By Dave Bedard

GrainCorp to boost U.S. malt output, target craft beer boom

May. 19, 2015 at 12:15 am CDT

Sydney | Reuters –– Australian agribusiness GrainCorp plans to nearly double output capacity at one its U.S. malt plants, to capitalize on soaring North American demand for craft beer. Typically produced by small, local brewers, the popularity of craft beers has grown rapidly in recent years in the U.S. as […]