14 February, 2007

EU: The latest developments in the restructuring phase of the European malt industry

The latest developments in the restructuring phase of the European malt industry were the take-over of the West German Weissheimer plants by Avangard, Moscow, and the purchase of Sachsen-Malz, Heidenau, and Baltic Malt, Gdansk, by Malteurop, Reims. All these factories had produced malt (not 100 % of their capacities) under their former managements so that the amount of malt offered to the market will hardly increase.

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