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  4. France's InVivo to buy one of the world's oldest malthouses in Belgium
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France's InVivo to buy one of the world's oldest malthouses in Belgium

PARIS (Reuters) - Malteries Soufflet, a branch of French agribusiness group InVivo, said on Monday it had signed an agreement to take over Belgian malthouse Castle Malting, one of...
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France's InVivo to buy one of the world's oldest malthouses in Belgium © Reuters. FILE PHOTO: Customers enjoy a beer on the terrace at La Fourmiliere bar while Belgium reopens outdoor spaces, including the terraces of the bars and restaurants, after closing down for months amid amid the coronavirus disease (COVID-19) outbreak in Brusse

PARIS (Reuters) - Malteries Soufflet, a branch of French agribusiness group InVivo, said on Monday it had signed an agreement to take over Belgian malthouse Castle Malting, one of the oldest producers of the beer ingredient in the world.

When InVivo announced the takeover of its peer Soufflet late 2021, it said it aimed to become the world's largest malt maker within five years by doubling the size of its malt business through external growth.

Castle Malting, called "La Malterie du Château" in French, is located near the castle of Beloeil in southern Belgium. Established in 1868, it is the oldest malting plant in the country and one of the oldest in the world.

Belgium is famous for its beers offering a large variety of flavours, colours and alcohol strengths. It is also a major malt producer with exports to more than 160 countries.

Castle Malting would give Malteries Soufflet the opportunity to develop its activity in the higher value-added craft beer market where it is not very present, InVivo said.

The acquisition is due to be finalised in the first quarter, it said. Financial details were not immediately available.

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01-05-2024 10:45:17 (UTC+7)

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    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
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    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
(8,300/ 8,500) # 1,298
SJC 1L, 10L, 1KG8,300/ 8,520
(0/ 0) # 1,510
SJC 1c, 2c, 5c7,380/ 7,550
(0/ 0) # 540
SJC 0,5c7,380/ 7,560
(0/ 0) # 550
SJC 99,99%7,370/ 7,470
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SJC 99%7,196/ 7,396
(0/ 0) # 386
Cập nhật 01-05-2024 10:45:19
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