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December 14, 2007 | Jim Lane | Comments 0

AgMotion acquires distillers grains business units from US BioEnergy

AgMotion announced that it had acquired UBE Services and United BioEnergy Ingredients from US BioEnergy Corporation. UBE services is a distillers grains marketing service, while AgMotion is a Minneapolis-based commodity trader. Terms of the deal and closing dates were not disclosed.
US BioEnergy is scheduled to merge with VeraSun Energy after the first of the year.

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