Satake purchased Dennys Silo and Engineering

07 July 20152 min reading
Being 100% subsidiary of Satake Corporation, Satake Australia Pty Ltd announced that it has purchased silo and bulk handling supplier Dennys Silo and Engineering. alasmasProviding new opportunities and growth to a multi-generation Australia based family business, Satake Australia Pty Ltd has purchased 100% of renowned silo and bulk handling supplier Dennys Silo and Engineering with the deal finalized at a signing ceremony in Bangkok, Thailand in June, 2015. The acquisition of Dennys provides a multi-faceted benefit to both organizations - it gives Dennys access to a new global and expanded domestic sales network with particular focus on South East Asia and the Pacific Region, providing the perfect growth platform for Dennys to take advantage of opportunities in the much touted "Asian Century". The deal provides Satake access to world class bulk handling and storage equipment, further enhancing their capabilities as the leading Asian supplier of rice and grain handling solutions in the world. Dennys will continue to operate normally with a strong focus from both sides that the nature of the existing business is to be preserved; retaining the elements that made Dennys a successful business over several generations. Satake Australia will enhance their sales portfolio through their existing network of sales staff and agents, with existing presence in Queensland, New South Wales, Victoria, Tasmania and New Zealand. International sales will be coordinated through Thailand and Japan.
Articles in News Category
04 August 20193 min reading

New French grain alliance to counter Russian influence in North Africa

InVivo and the co-operatives NatUp and Axéréal have signed the creation of a new alliance of grain ...

17 December 20201 min reading

Turkey extends zero import duty on wheat, barley and corn

Turkey extend...

13 September 20162 min reading

Selva Gıda is on the second 500 list by ISO

Istanbul Chamber of Industry (ISO) announced the 2015 results of its “The second 500 Major Industri...