US starch producer buys Starch Australasia

- Last updated on GMT

Related tags: Maize

Penford Corp., a producer of speciality starches in NorthAmerica,
is to purchase Starch Australasia Limited for US$58 million in
cash. Starch Australasia,...

Penford Corp., a producer of speciality starches in NorthAmerica, is to purchase Starch Australasia Limited for US$58 million in cash. Starch Australasia, part of Gooder Fielder Limited, produces maize starch products. The acquisition is due to close by the end of September.

Related topics: Market Trends

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