“At our recent investor day, I announced our intention to establish a grain trading operation in Europe, from where we will be offering a broader range of grain supply services to customers,” GrainCorp Managing Director Alison Watkins said. “I am pleased to announce the appointment of Carsten Hojland who served as global head of grains and oilseeds for Toepfer International, and brings over 25 years of grain and oilseed industry experience to GrainCorp. He will head our Hamburg based European team.”
Watkins also said that GrainCorp’s European strategy would be significantly different from that of other Australian grain companies.
“Consistent with our previous public statements, the new Hamburg office will be an extension of our head office trading activities in Sydney,” she said. “The new office will also provide support to customers; allow us to more effectively ‘plug in’ to European grain market intelligence, and enable GrainCorp to offer grain to customers from other origins, where market conditions or opportunities arise.”
GrainCorp’s Hamburg, Germany office will be progressively established over the next four months.