The acquisition brings Glencore immediate critical mass in the key grain markets of North America through Viterra’s substantial Canadian operations. Viterra also materially expands Glencore’s existing operations in Australia.
The acquisition reinforces Glencore’s position as one of the world’s leading commodity suppliers.
Fran Malecha, formerly chief operating officer of Viterra, has been appointed director, agricultural products, North America, with responsibility for all North American operations.
He will be based in Regina, Saskatchewan which becomes headquarters for Glencore’s North American Agricultural Products business. David Mattiske has been appointed country manager, Agricultural Products, Australia and New Zealand, with responsibility for all agricultural operations in Australia and New Zealand.
Source: Glencore
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