World Grain - December 2024 - 64

SUPPLIER NEWS
Symaga unifies branding for silos, water tanks
VILLARTA DE SAN JUAN, SPAIN - Symaga will now
market its feed silos and metal water tanks under the Symaga
brand. Symaga also unveiled a new website (symaga.com).
Since 1985, Symaga has manufactured feed silos and feed
distribution systems by auger and chain under the Growket
brand. In 2016, water tanks were introduced to the market
under the Agravid brand. Going forward, both product lines
will be integrated under the Symaga brand, strengthening the
company's market recognition and positioning of both water
tanks and feed silos and the company.
Symaga has built 55 million cubic meters of storage across
15,000 large projects in more than 150 countries.
Its storage solutions include flat- and hopper-bottom silos
with capacities ranging from 5 to 25,000 cubic meters. The
feed silos range from 4.77 to 72 cubic meters and include feed
distribution systems geared by auger or chain. Water tanks can
be concrete-based or with canvas sheet on a sand base, with
AGCO completes Grain & Protein brands sale
DULUTH, GEORGIA, US - AGCO Corp., a global leader
in the design, manufacture and distribution of agricultural
machinery and precision ag technology, has completed the
previously announced sale of most of its Grain & Protein
business to private equity investor American Industrial
Partners (AIP), in an all-cash transaction valued at approxitmately
$700 million.
In conjunction with the closing of the transaction on Nov.
1, AIP said the new standalone, privately held business will
operate under the name Grain & Protein Technologies. Jacob
Thomas has been named chief executive officer. Thomas joins
the company from Carlstar, a supplier of specialty tires and
wheels, where he was chief executive officer and member of
the company's board.
Serving customers in over 100 countries worldwide, Grain
& Protein Technologies employs more than 3,200 people
across its 14 manufacturing facilities in North America,
Brazil, Europe and Malaysia, generating an annual revenue
of approximately $1 billion. AIP said the new company
will continue to operate its portfolio of brands - GSI,
Cumberland, Automated Production, Tecno and Cimbria
capacities ranging from 12 to 10,500 cubic meters.
All products are manufactured using galvanized steel, Z600
and ZM310, ensuring greater durability and endurance, according
to Symaga.
- which manufacture equipment for grain, seed, poultry, egg
and swine production.
" Divesting of Grain & Protein is a significant milestone
in AGCO's strategic transformation, accelerated by the PTx
Trimble joint venture, which was completed in April 2024, "
said Eric Hansotia, chairman, president and CEO of AGCO.
" AGCO's portfolio is now focused on award-winning agricultural
machinery and precision ag technology products, which
underpins a long-term focus on high growth, high margin and
significant free cash flow generating businesses. "
AGCO said it will use the net proceeds from the transaction
consistent with its stated capital allocation priorities, including
debt repayment, disciplined investment in technology and organic
growth initiatives and return of capital to shareholders.
AIP is an industrials investor based in New York City, New
York, US, with about $16 billion in assets under management.
It is focused on industrial businesses across a broad range of
end markets, including aerospace and defense, automotive,
building products, capital goods, chemicals, industrial services,
industrial technology, logistics, metals and mining, and
transportation, among others.
Alapros Makina completes flour mill for Casillo Group
ANKARA, TURKEY - Alapros Makina commissioned a
300-tpd capacity flour mill for Casillo Group, in Monfalcone,
Italy.
The facility combines modern technologies and engineering,
Alapros said.
During
commissioning,
representatives
from
Alapros
Makina and Francesco Casillo from Casillo Group jointly inspected
the facility, conducting detailed assessments.
The evaluations confirmed that the plant met its targets
in terms of both performance and quality. The emphasis on
64
customer satisfaction throughout the process further underscored
Alapros' expertise in engineering and design, the company
said.
The Monfalcone flour mill, by integrating high efficiency
and quality, is an example of modernization in flour milling,
Alapros said.
The Casillo Group has 14 mills across Italy and is a world
leading food company in the processing and distribution
of durum wheat, and one of the major players in the soft
wheat market.
December 2024 / World Grain / www.World-Grain.com
Photo courtesy of Symaga
http://www.symaga.com http://www.World-Grain.com
World Grain - December 2024

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