Acquisition of Dutch speciality trader
BayWa has announced that it is to acquire Dutch speciality trader, Thegra Tracomex. Thegra deals in speciality products such as oilseeds, pulses, by-products from grain and oilseed processing, a wide range of grains, and organic cereals. It has trading offices in the Netherlands, Belgium and Poland, which collectively handle around 1m tonnes of produce each year. The financial details of the transaction have not been disclosed.BayWa is a trading and service company. Co. operates in six business units: Agricultural Trade, which comprises trading in agricultural produce and operating resources; Fruit, which includes activities of fruit growing and trading; Agricultural Equipment, which provides agricultural equipment and services; Energy, which supplies heating oil, fuels, lubricants and wood pellets to customers; Renewable Energies, which provides customers services geared to project planning for wind power, biogas facilities and solar power plants; and Building Materials, which comprises building materials sales activities as well as the operation of DIY and garden centres of Co.'s Austrian group companies.
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