St. Paul-CHS Inc. has acquired Agri Point Ltd. from East Point Holdings Ltd., Nicosia, Cyprus. The Agri Point acquisition is part of the company’s ongoing global grain origination expansion, adding approximately 1.5-to-2 million mt of corn, wheat, and barley. “Acquiring Agri Point enables CHS to further develop its global competency and presence into the high growth areas of Romania, Bulgaria, Hungary, and Serbia,” says Claudio Scarrozza, general manager, CHS Europe, Geneva, Switzerland. “In addition, we’re adding important infrastructure to our global supply chain capabilities with a deep-water port in Constanta, Romania, a barge loading facility on the Danube River at Giurgiu, Romania, and an inland grain terminal at Oroshaza, Hungary.” Scarrozza says CHS is executing targeted growth and expansion to fulfill its mission and vision to shareholders of creating value by sourcing agricultural commodities and securing access to consumptive demand worldwide.
Transparency Across the Fertilizer Value-Chain