GLASGOW, SCOTLAND — Cefetra, one of the largest traders of grain and animal feed raw materials in the United Kingdom and Ireland, has acquired two grain storage sites in Scotland in a transaction value at more than £7 million ($9.5 million).
The grain storage site at Ormiston in East Lothian has a capacity of approximately 80,000 tonnes, while the other site, at Charlesfield in Melrose, has approximately 60,000 tonnes of capacity.
“By making such a significant investment we have taken the next step in further strengthening our grain origination business,” said Andrew Mackay, managing director at Cefetra. “It also demonstrates our long-term commitment to supporting both the farming community and our established customers across Scotland and Northern England.
“These grain handling, processing and storage facilities, with drying, cleaning and grain analysis operations, give us the infrastructure required to operate in key grain production areas of Scotland. They allow us to work with and support farmers, whilst also enabling us to supply quality grains, oilseeds and pulses to key customers in Scotland and Northern England.”
Cefetra is part of the Cefetra Group, which is a subsidiary of BayWa Ag, an international trading and services group with activities focused in the core segments of agriculture, energy and building materials. Cefetra has more than 700,000 tonnes of storage capacity.