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Featured and Exclusive, Singapore  |  JANUARY 14, 2016 10:58AM

Agravis buys stake in palm product trader from Wilmar

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Wilmar-International-LimitedGerman agricultural commodities cooperative Agravis said on Thursday it had bought a 33% shareholding in German palm products and animal feed trading house H Boegel from Singapore-listed commodities group Wilmar International Ltd.

The move will give Agravis direct access to purchase markets for palm-based animal feed ingredients including palm expellers, Agravis said.

Wilmar had said in September it was considering selling part of Boegel.



 
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