A collaboration agreement to support expansion into global storage & milling

Industry Database

Cremona, Italy. (June 29th, 2021) — AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, and Ocrim, a turnkey solutions provider for wheat, corn and cereal mills around the world, today announced a collaboration agreement.

The agreement will benefit customers worldwide by bringing together the seed, grain and food industry expertise of AGCO’s Cimbria and GSI brands and Ocrim’s extensive food milling capability. Both Cimbria and Ocrim offer turnkey solutions to help customers succeed from design through installation and service. The collaboration will further simplify the turnkey process by giving customers one point of contact for their project. It also gives customers seamless access to Cimbria and Ocrim equipment and GSI’s leading grain storage, material handling, conditioning and management solutions.

Alberto Antolini, CEO of Ocrim, during the signing ceremony stated: “The world is changing and today’s developed market is no longer seeking a conventional technology provider. Customers want a reliable partner capable of offering and delivering multiple tailor-made solutions. I strongly believe that the future is projected towards a ‘Farm to Fork’ solution, and this partnership is the pillar of such philosophy.”

The collaboration delivers added value solutions to organizations serving the global milling sector. The need for milling infrastructure is growing due to increasing demand for flour, especially in developing regions, such as Asia Pacific, the Middle East and Africa. Growth of gluten-free products and higher per-capita consumption of flour in the United States and Europe is also driving demand.

Commenting on today’s announcement, Stefan Caspari, Senior Vice President, AGCO Grain & Protein, said, “We are delighted about this collaboration, which will help drive productivity for our customers, improve food security and sustainability. The agreement will enable the delivery of integrated customer solutions, customizable based on their needs and supported with best-in-class technology for the milling business.”

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