The Agri Point acquisition is part of the company's ongoing global grain origination expansion, adding approximately 1.5-to-2 million tonnes of corn, wheat and barley. CHS Inc, a leading grains, foods and energy cooperative in the US, has acquired Agri Point Limited from East Point Holdings Limited, Nicosia, Cyprus."
Acquiring Agri Point enables CHS to further develop its global competency and presence into the high growth areas of Romania, Bulgaria, Hungary and Serbia," says Claudio Scarrozza, general manager, CHS Europe, Geneva, Switzerland. "In addition, we're adding important infrastructure to our global supply chain capabilities with a deep-water port in Constanta, Romania, a barge loading facility on the Danube River at Giurgiu, Romania, and an inland grain terminal at Oroshaza, Hungary." Read more...
This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine from Perendale Publishers.
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