Australian agribusiness giant GrainCorp has closed the sale of its bulk liquids terminals business to ANZ Terminals for a total investment of AU$333 million (US$233 million).
In March 2019, ANZ Terminal has entered into an agreement with GrainCorp to acquire the Australian Bulk Liquid Terminals business. The facility operates eight liquid terminals sites across Australia, with a combined storage capacity of approximately 211,000 cu.m. The sites specialize in the storage and handling of bulk liquid fats & oils, fuels, and chemicals for a range of customers, including GrainCorp Oils.