World Grain - May 2018 - 105

WORLD GRAIN ARCHIVE

1988
Cargill Ltd. announced on April 1
that it has agreed to acquire Maple
Leaf Mills Grain Co. from Maple
Leaf Mills Ltd. of Toronto, Ontario,
Canada.
"Maple Leaf Mills Grain Company's network of 23 country elevators and four grain terminals in southwestern Ontario complements Cargill
Ltd.'s existing Ontario operations and
overall business structure," said Kerry Hawkins, president, Cargill Ltd.
Hawkins said Cargill Ltd. plans to
improve the grain handling and farmservice capabilities of the Maple Leaf
IDFLOLWLHVZKHQWKHDFTXLVLWLRQLV¿QDOized. The purchase price is subject to
¿QDODGMXVWPHQWIRULQYHQWRULHVEXWLV
expected to be about $40 million.

nounced it had agreed to purchase
Spillers from Dalgety PLC, along
with Dalgety's food ingredients
business, for £335 million (U.S.$555
million). That sale was completed
0DUFK 7KH 6SLOOHUV ÀRXU PLOOing business comprises six mills in
the U.K. and a Scottish bakers supply operation. Tomkins' Rank Hovis
subsidiary is one of the U.K.'s leadLQJÀRXUPLOOHUVZLWKPLOOV

said. "In addition, the value of the
company's total assets has grown
to A$1.3 billion and our Asian
ÀRXU SHUIRUPHG ZHOO RYHU WKH ODVW
12 months, clearly highlighting the
importance of our investment along
the value chain."

James Feeney, a prominent leader
both at General Mills, Inc., and in
grain-based foods industry affairs,
died April 1 in Scottsdale, Arizona,
Southeastern Mills, Inc. an- U.S., following a brief illness.
QRXQFHG DQ H[SDQVLRQ DW LWV ÀRXU
When he retired in 1989 after 41
mill in Rome, Georgia, U.S., raising years at General Mills, Feeney was
WKH IDFLOLW\¶V GDLO\ ÀRXU PLOOLQJ FD- a corporate senior vice-president and
SDFLW\WRWRQQHVRIÀRXU6RXWK- general manager of the company's
eastern Mills ranks as the 16th largest Sperry Division, responsible for
ÀRXUPLOOLQJFRPSDQ\LQWKH8QLWHG manufacturing and marketing conStates, operating two facilities with a VXPHUÀRXUIRRGVHUYLFHDQGEDNHU\
total capacity of 815 tonnes.
ÀRXURSHUDWLRQVDVZHOODVDYDULHW\
Bühler Inc., Minneapolis, Min- of consumer mix products (subseThe Australian Wheat Board will nesota, U.S., has been engaged to quent to his retirement, the division
build three wheat storage silos in equip the expansion.
was renamed the Gold Medal Divinorthern Egypt at a cost of A$19 milsion and its functions later were dilion. All three facilities are expected 2008
vided in corporate restructurings).
to be operational by 1989. The silos
Feeney held a range of marketing,
will be located at the towns of Qus,
1HLO :DQGHO RI¿- sales and management posts in GenEdfu and El Balyana and will have
cially assumed his eral Mills divisions dating back to
bulk storage capacities of 40,000,
position as chair- his joining the company in 1948.
30,000 and 20,000 tonnes, respecman of the CBH
He was a former chairman of the
tively. The construction of the silos
Group on April 2 Millers' National Federation (now
will complete a program undertaken
at the organiza- the North American Millers' Assoby the Wheat Board to provide Egypt
tion's 75th Annual ciation).
Wandel
with 140,000 tonnes of storage caOrdinary General
pacity for wheat and to convert from Meeting (AGM) in Merreedin, Aus7ZHQW\¿YH\HDUVDIWHUEHJLQQLQJ
bag to bulk handling. Funds for the tralia. Tony Critch retired as chair- D JUDLQ VHOIVXI¿FLHQF\ SODQ 6DXGL
project will be provided by the AWB man after two years in that position. Arabia announced in April that it
and the Australian International DeWandel was elected as director of will start importing wheat at the bevelopment Assistance Bureau.
the CBH Group board in 2002 and JLQQLQJRI6DXGLRI¿FLDOVVDLG
has served as deputy chairman since the plan became untenable because
1998
2005. In his address to the AGM, it threatened to exhaust the coun&%+*URXS&KLHI([HFXWLYH2I¿FHU try's scarce water supplies.
Tomkins PLC, the industrial con- Imre Mencshelyi commented on the
Saudi Arabia said that through
glomerate that owns the Rank Hovis &%+*URXS¶V¿QDQFLDOUHVXOWVIRUWKH 2007, domestic wheat demand was
milling and the Golden West Foods ¿QDQFLDO\HDUDWWULEXWLQJWKH largely met by local production.
baking operations in the United VXFFHVVWRLQFUHDVHGHI¿FLHQFLHVDQG However, Saudi Arabia is expected to
Kingdom, on March 26 completed ongoing support from growers.
become fully reliant on wheat imports
WKH DFTXLVLWLRQ RI WKH 6SLOOHUV ÀRXU
"The CBH Group returned a by 2015 by gradually cutting back on
milling business from Kerry Group EHWWHUWKDQH[SHFWHG QHW SUR¿W RI wheat purchases from local farmers.
PLC, Dublin, Ireland, for £92 mil- A$39.9 million before tax, based on
At its peak, Saudi Arabia's wheat
lion (U.S.$153 million).
a 6.4-million-tonne harvest, which industry consumed about 40% of waIn January, Kerry Group an- is very creditable performance," he ter earmarked for agriculture.
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