WINNIPEG, Manitoba, Aug 27 (Reuters) - Viterra Inc
VILC.UL , the agriculture segment of Glencore PLC GLEN.L ,
said on Thursday that it agreed to buy Eastern Canada's largest
oilseed processing plant from Malaysia's Felda Global Ventures
Holdings Bhd FGVH.KL .
Felda, the world's third-largest palm plantation operator,
said it would sell the TRT-ETGO plant at Bécanour, Quebec to
Viterra for C$190 million ($143.43 million).
The sale, expected to close this year, is part of Felda's
plan to boost revenues and cut costs and become one of the
world's biggest agribusiness companies, it said in a statement.
The plant can crush 1.05 million tonnes of canola and
soybeans annually, producing vegetable oil for food and
industrial markets and meal for livestock feed.
Viterra already operates a canola crushing plant in Western
Canada, at Ste. Agathe, Manitoba.
($1 = 1.3247 Canadian dollars)