BayWa takes over full ownership of Evergrain KG

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.