12 January, 2007

Germany & Russia: Avangard could be the 6th world’s bigger maltster

The Avangard’s purchase of 4 Weissheimer malt houses could make Avangard the 6th biggest world maltster, according to a market report of December 12, 2006.

The purchased lines’ production capacity is of 330.000 tonnes. The transaction price was not revealed. Avangard, through its subsidiary Russky Solod, already owes 3 malt houses in Russia with a capacity of 340.000 tonnes/year as well as one in construction with a capacity of 112.000 tonnes.

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