Viterra expands in Quebec

摘要

Viterra, one of the leading grain handlers in Canada, has signed a purchase agreement to acquire the shares of Twin Rivers Technologies Entreprises De Transformation De Graines Oleagineuses Du Quebec Inc. (TRT-ETGO). The acquisition includes a canola and soya bean crushing and refining plant located in Becancour, Quebec. With a crushing capacity of 1.05 Mtpa, TRT-ETGO is the largest oilseed processing plant in Eastern Canada. The plant began operations in 2010 and produces vegetable oil for food and industrial markets, as well as meal for the livestock industry. "This is a good strategic fit for Viterra that will allow us to connect our farm customers to more marketing opportunities, further leveraging our origination capabilities through our industry leading asset network," said Kyle Jeworski, Viterra's president and CEO for North America.