October 7, 2011 / 3:13 AM / 7 years ago

Agrium says keen to build on AWB acquisition for expansion

MELBOURNE, Oct 7 (Reuters) - Canadian fertiliser maker and farm products retailer Agrium Inc is keen to build on its acquisition of Australia’s AWB to expand further in Asia, a top company official said on Friday.

Calgary, Alberta-based Agrium bought AWB Ltd, Australia’s top bulk wheat exporter, last year for A$1.2 billion ($1.17 billion).

“They are keen to build on this, in both the retailing and fertiliser sectors, more broadly in Asia,” Agrium’s Asia-Pacific Managing Director Philip Gentry told a business lunch. (Reporting by Victoria Thieberger; Editing by Narayanan Somasundaram)

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