UniGrain acquire West Australian based Morton’s Seed and Grain
UniGrain acquire West Australian based Morton’s Seed and Grain
Creating a national oat milling operation
13 November 2014
Company Announcement by UniGrain
UniGrain Pty Ltd (UniGrain) is pleased to announce today the signing of an agreement to acquire the oat milling and oat trading businesses of West Australian based Morton’s Seed and Grain (Morton’s).
UniGrain will acquire the oat mills (and associated activities) located at Wagin and Bibra Lake, which will highly complement UniGrain’s current oat milling activities in Victoria.
Both Wagin and Bibra Lake will be operated as UniGrain branded sites as part of a fully integrated and national business. The ownership transition will occur smoothly in the coming weeks, and importantly for all employees, customers, growers and service providers it will remain “business as usual”.
Morton’s have been successfully operating in Western Australian since 1990. Over this time, the business has grown substantially and now employs over 50 staff at Wagin & Bibra Lake, all of which will be retained as part of the sale. Morton’s has a strong presence internationally producing a range of manufactured oat products for breakfast cereal markets in Australia, South East Asia, Indian subcontinent and Africa.
For more information see the full company announcement below
