CL Commodities has purchased Grenfell Commodities’ storages, including the silos painted in 2018 by Melbourne-based muralist Heesco as part of the Silo Art Trail. Photo: Grenfell Commodities
ORANGE-based business CL Commodities has bought the storage facilities of Grenfell Commodities to expand its footprint in the central west of New South Wales.
Grenfell Commodities founders Peter and Shirley Mawhinney announced the sale in a statement released November 16.
“Over the coming months, we will progressively transition our operations to CL Commodities though will remain actively involved in the oversight and operational management of harvest 2022-23,” the statement said.
“The most significant of changes will be this as our final harvest as a family owned and operated business for the past 36 years.”
The couple’s son Trevor Mawhinney transitioned last year into ownership of Grenfell Commodities’ milling operations, and this business is now trading as Grenfell Commodities Stockfeed Manufacturing.
“This is an exciting business for Trevor to lead and we are excited to see this business grow and develop.”
Grenfell Commodities key asset is 43,000 tonnes of storage over two sites in Grenfell, including the former GrainCorp site.
The statement said transition of ownership to CL Commodities was expected to occur at the end of this month.
CL Commodities principals are Robert Lean and James Clifton, both formerly traders with Robinson Grain.
On its website, the business describes itself as a supplier of cereals, oilseeds and pulses to the domestic market.
Grain Central understands CL Commodities also own the Agripak site at Ballan, east of Ballarat in Victoria.
