Toll Free: 1.877.478.1999                  Phone: 1.306.628.4452

 

  

 

 

 

 

CWB-Great Sandhills Terminal is a 23,400 tonne capacity high-throughput grain handling facility located near Leader, Saskatchewan involved in receiving, cleaning for export and shipping a variety of cereal grains. The facility was constructed in 1995. GST became part of CWB’s growing network of strategic grain-handling assets in 2014. 


CWB is one of the most experienced wheat and barley marketers in the world. The Winnipeg-based organization has sold grain to over 70 countries, based on a reputation for high-quality product, reliable service and trusted international relationships. Underpinned by industry partnerships and a growing asset base, it offers a range of marketing programs to Canadian farmers, including its popular pool contracts, providing solid returns and significant risk-management benefits.

CWB launched the Farmer Equity Plan in 2013. The plan provides that eligible farmers who deliver grain against CWB contracts will receive an equity interest in the company after privatization, and is the only opportunity for farmers to gain an ownership stake in a Canadian-focused grain company. Learn more about CWB's plans for the future at www.cwb.ca/future.

 

  

PRESS RELEASE 

 

G3 Global Grain Group completes investment in CWB
Combination of CWB and Bunge Canada’s grain assets to form new Canadian agribusiness

WINNIPEG, July 31, 2015/PRNewswire/ – G3 Global Grain Group (G3), a newly established agribusiness joint venture based in Winnipeg, Manitoba, Canada, today announced a successful close to its investment in CWB which secures a majority interest in the company. CWB will be combined with the grain assets of Bunge Canada to form a new Canadian agribusiness, G3 Canada Limited.

“Combining the local market presence and global expertise of CWB and Bunge Canada Grain provides the opportunity to fulfill a promise to Canadian producers – to create a new and competitive alternative for the marketing of their grain,” says Karl Gerrand, G3 CEO. “The name change to G3 Canada Limited represents another step towards our vision of building a highly efficient coast to coast grain handling enterprise, and I welcome the opportunity to work with the dedicated teams from G3, Bunge Canada and CWB, who have worked so hard to bring these transactions to a successful conclusion.”
Ian White, CWB President and CEO, led the organization through the transformational process, and is gratified with the investment outcome. “CWB is pleased to complete the initiative to commercialize. The capital investment G3 brings, as well as extensive operational experience, is a huge benefit to the sector, and we are pleased that Canadian grain producers will be able to continue to participate in the growth of the new company.”

About G3 Canada Limited
G3 Canada Limited, a newly formed agribusiness, is establishing a highly efficient coast-to-coast Canadian grain enterprise designed to provide a unique competitive alternative to farmers, and superior service to customers and stakeholders. G3 Canada’s assets range from inland grain and deep-sea port terminals stretching from Leader, Saskatchewan to Québec City, Québec, to Great Lake grain transport vessels and a fleet of grain hopper cars. The vertical integration of these assets along the agricultural commodity chain forms the basis of a smarter path from Canadian fields to global markets. G3 Canada Limited is a Canadian company and is headquartered in Winnipeg, Manitoba


About G3 Global Grain Group
G3 Global Grain Group is a joint venture of Bunge Canada and SALIC Canada Limited, a wholly owned subsidiary of Saudi Agricultural and Livestock Investment Company (SALIC). Bunge Canada is a vertically integrated food and feed ingredient company, supplying raw and processed agricultural commodities and specialized food ingredients to a wide range of customers in the animal feed, food processor, foodservice and bakery industries. SALIC, a joint stock company based in Riyadh, Saudi Arabia, is building a global agribusiness by investing in greenfield and existing ventures.

G3 Media contact:
Jeremy Twigg
Jeremy.Twigg@fleishman.ca
Phone: 604-306-4036

 

 

 

 

  

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