| Type | Public (TSX: VT, ASX: VTA) |
|---|---|
| Industry | Agriculture |
| Founded | 2007 |
| Headquarters | Regina, Saskatchewan, Canada |
| Key people | Mayo M. Schmidt |
| Employees | 6,000[1] |
| Website | www.viterra.com |
Viterra Inc.(TSX: VT; ASX: VTA) is a leading global agri-business with extensive operations in Canada, the United States, Australia and New Zealand. With a growing international presence that includes trading and marketing offices on four continents, Viterra delivers high quality nutritious food ingredients to more than 50 countries worldwide. Driven by an entrepreneurial spirit, Viterra operates three distinct, inter-related businesses: Grain Handling & Marketing, Agri-Products and Processing. These businesses diversify the Company’s earnings and enable Viterra to add value and generate returns at every stage of the value chain.
Viterra's grain handling and marketing operations are located primarily in two of the world's most fertile regions: Western Canada and South Australia. The company owns and operates an unparalleled infrastructure of grain terminals in Western Canada, along with 95% of the grain handling and storage facilities is South Australia. The company's sophisticated international marketing network allows it to ship grains to markets worldwide.
The company also operates several value-added processing businesses, including wholly owned subsidiaries like Dakota Growers Pasta Company, 21st Century Grain, Can-Oat Milling, the largest industrial oat miller in the world, as well as an investment in Prairie Malt Limited, a single-site malting plant located in Biggar.
As part of its agriproducts business in Western Canada, Viterra owns a 34% interest in Canadian Fertilizer Limited, a large urea and ammonia plant.
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Viterra Inc. was formed in 2007 as a publicly traded corporation when the Saskatchewan Wheat Pool acquired Agricore United, which was at that time the largest grain handler in Western Canada. Viterra's predecessors were the grain-trading co-operatives set up in Canada during the 1920s known as the wheat pools. It has since acquired the former Australian government-sponsored monopsony marketing board, the Australian Barley Board, created in 1939.
Grain Growers Grain Company
(1906-???)
|
_______________________|___________________________
| |
| |
Saskatchewan Cooperative Elevator Company | |
(1911–1926) | |
| | |
| |Alberta Wheat Pool Manitoba Pool Elevators |
| | (1923–1998) (1926–1998) |
Saskatchewan Co-operative Wheat Producers |____________________| |
(1923–1953) | | Australian Barley Board
| | | (1939–1999)
| | | |
| Agricore United Grain Growers |
| (1998–2001) (1917–2001) |
| |___ ________________| |
| | | AusBulk United Grower Holdings
| | |(?-2004) (?-2004)
Sask. Wheat Pool Agricore United |___|_______________|
(1953–2007) (2001–2007) |
|________________ ________________________| |
| ABB Grain
| (1999–2009)
|__________________________________________________________________|
VITERRA
2007 -
On 19 May 2009, Viterra announced it would buy Australian ABB Grain for C$1.4 billion.[2] On 9 September, 84 percent of ABB shareholders voted in favour of the merger, with 75 percent required to pass the resolution.[3]
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