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Germany's BayWa acquires UK grain trader Wessex Grain

LONDON - German agricultural trading group BayWa AG said on Wednesday it had acquired UK grain trader Wessex Grain Ltd. Terms of the deal were not disclosed. Wessex Grain, based in Somerset, is one of the top 10 grain traders in Britain with an a...

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LONDON - German agricultural trading group BayWa AG said on Wednesday it had acquired UK grain trader Wessex Grain Ltd.

Terms of the deal were not disclosed.

Wessex Grain, based in Somerset, is one of the top 10 grain traders in Britain with an annual volume of about 450,000 metric tons and customers in south and southwest England.

BayWa said it would form part of its Glasgow-based subsidiary Cefetra which supplies raw materials predominately to the animal feed sector. 

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