ADM buying Black Sea export terminals

ADM buying Black Sea export terminals

ARCHER Daniels Midland Co. (ADM) announced May 5 that it has reached an agreement to acquire complete ownership of North Star Shipping and Minmetal, enhancing the company's European origination and transportation network through the addition of export facilities at the Port of Constanta, Romania, on the Black Sea.

North Star and Minmetal operate grain elevators and bulk commodity storage and warehousing as well as port services, stevedoring operati

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