Business Cargill’s poultry expands with acquisition of Konspol

by Editor fleischwirtschaft.com
Thursday, September 20, 2018
This acquisition strengthens Cargills global poultry footprint.
Photo: Cargill
This acquisition strengthens Cargills global poultry footprint.
Related Topics:

acquisition poultry Poland


fleischwirtschaft.com — UNITED KINGDOM, London. Cargill has reached an agreement to acquire Konspol, one of Poland’s leading value-added food companies, providing an array of products in the chilled convenience, frozen and cold cut categories. This acquisition marks the introduction of the global protein business into the Polish market and strengthens the company’s global poultry footprint, expanding operations to 14 countries.

Under the agreement, which is subject to regulatory approvals, Cargill will purchase the Polish assets of Konspol’s food and fresh chicken business. It will also acquire Konspol’s portfolio of products, including branded and private label offerings, as well as its customer and supplier relationships.

Konspol has more than 1,700 employees in Poland and operates a feed mill, five broiler farms and two processing complexes. The acquisition will increase Cargill’s production capacity and proximity to existing customers to offer expanded value-added and poultry products. Upon completion of the acquisition, Cargill plans to continue to grow and develop the business.

Currently Cargill employs more than 1,700 people in 22 locations across Poland and operates 19 animal feed mills, a premix oriented facility, a wheat glucose syrup and ethanol production plant.

Source: Cargill
stats