ABB Grain — BrandWiki

ABB Grain

Overview

ABB Grain Limited

type	Public
traded as	asx: ABB
foundation	1939
defunct	2009
location	Adelaide, Australia
key people	Perry Gunner (Chairman) Michael Iwaniw (Managing Director)
industry	Agribusiness
products	Grain, malt, wool, fertiliser, chemicals, storage and handling services
revenue	$2.2 billion
revenue year	2008
net income	$49 million
net income year	2008
num employees	1,100
num employees year	2008
website	www.abb.com.au

ABB Grain was Australia's largest agribusiness. Founded in 1939, the company was listed on the Australian Securities Exchange until its takeover by Viterra in 2009. For most of its history, the company focused solely on grain accumulation and marketing, but it eventually expanded its focus to other activities, such as grain receival and storage, malting and fertilisers. The company, which traded in all grain commodities, bought grain from all growing regions in Australia.

History

ABB traced its origins to the former Australian Barley Board. Due to the company's expanded operations into different areas, it demutualised to become ABB Grain on 1 July 1999.[1] In 2004, the company merged with the South Australian storage and handling company AusBulk and United Grower Holdings. This brought about the control of the two major grain handlers, along with several of AusBulk's divisions.[2][3][4]

ABB Grain

History

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