CALGARY, ALBERTA--(Marketwire -07/26/12)- Viterra Inc. (Viterra) (VT.TO) (VTA.AX) confirms today that Glencore International plc ("Glencore") has received approval from Australia's Foreign Investment Review Board (FIRB) to proceed with the acquisition of Viterra. This completes the Australian regulatory approvals Glencore was required to obtain.
Viterra provides premium quality ingredients to leading global food manufacturers. Headquartered in Canada, the global agri-business has operations across Canada, the United States, Australia, New Zealand and China, as well as a growing international presence that extends to offices in Japan, Singapore, Vietnam, Switzerland, Italy, Ukraine, Germany, Spain and India. Driven by an entrepreneurial spirit, Viterra operates three distinct business segments: Grain Handling and Marketing, Agri-products and Processing. Viterra's expertise, close relationships with producers and superior logistical assets allows Viterra to consistently meet the needs of the most discerning end-use customers, helping to fulfill nutritional needs of people around the world.
Glencore is one of the world's leading integrated producers and marketers of commodities, headquartered in Baar, Switzerland, and listed on the London and Hong Kong Stock Exchanges. Glencore has worldwide activities in the production, sourcing, processing, refining, transporting, storage, financing and supply of Metals and Minerals, Energy Products and Agricultural Products.
More information about Viterra can be found at www.viterra.com.