21 Dec 2018 --- Cargill is to sell its stand-alone malt business to Axéréal’s malt subsidiary, Boortmalt, for an undisclosed fee. The transaction involves the global malt business, including 15 facilities across four continents, with a workforce of more than 500 people. Cargill originally entered the malt ingredients space in 1979. It has operated as a stand-alone business within Cargill’s Food Ingredients business portfolio.