MUNICH, 08-Feb-2016 — /EuropaWire/ — BayWa AG has acquired full ownership of Evergrain KG. The company, which is based in Hamburg, will now operate under the name of “Evergrain – a BayWa Company”. BayWa already decided last summer to acquire a majority stake in Evergrain KG. After the anti-trust authorities have approved the transaction, the Munich-based trade and services company is taking full ownership of Evergrain, a company that is specialised in international trading with malting barley. With the take-over, BayWa is expanding its national and international specialities business and will take a leading role in the malting barley trade.
The biggest market potential for malting barley lies in the European Union and increasingly in the growth of South American and Asian markets.
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