Temasek Takes Stake In Malt Producer
Posted on 03/11/2024
Temasek and Unigrains have participated in a capital increase for Axereal’s Boortmalt, one of the world’s largest producers of malt. The total raise amounted to €150 million. The money is expected to be used to fund a processing center in Ethiopia and increased production in Europe. Boortmalt CEO Yvan Schaepman said in a statement: “Temasek,…