GrainCorp signs deal to acquire XF Australia for A$35 million

SYDNEY, AUSTRALIA: GrainCorp Limited (ASX: GNC) has entered into a binding share sale agreement to acquire 100% of the shares on issue in XF Australia Pty Ltd (XFA) for a purchase price of A$35m million. XF Australia (XFA) is a provider of feed supplement products and nutritional consulting services to Australia’s feedlot and grazing sector.…

GrainCorp Limited

GrainCorp Limited is an Australian company listed on the Australian Securities Exchange. The company’s core business is the receiving and storage of grain and related commodities. It also provides logistics and markets these commodities. The company was founded by the Government of New South Wales as a public sector agency, Government Grain Elevator (later the…