Cargill Integral Animal Nutrition acquired
Photo: Cargill
fleischwirtschaft.com — USA, Wayzata, Minneapolis. Cargill has reached an agreement to acquire Integral Animal Nutrition, a cattle feed producer in Brazil. The acquisition will help the company further develop its Free Choice Mineral and premix capabilities to better serve customers across the country’s mid-west region. The transaction is expected to close in the next few months, depending on regulatory approvals of the Administrative Council for Economic Defense (CADE).
Cargill is committed to serving the beef industry with quality animal nutrition solutions and increasing production efficiencies. This acquisition will take the best of both companies’ capabilities to better serve customers looking for greater access to important minerals and premixes.
Under the agreement, Cargill will purchase 100% of Integral’s assets, including a production plant located in Goianira, Goiás, Brazil, a portfolio of products ranging from Free Choice Minerals to premixes, around 100 employees and a net revenue of 80 mill. reais ($25 mill. US) per year.
Under the agreement, Cargill will purchase 100% of Integral’s assets, including a production plant located in Goianira, Goiás, Brazil, a portfolio of products ranging from Free Choice Minerals to premixes, around 100 employees and a net revenue of 80 mill. reais ($25 mill. US) per year.
"Integral is enthused about joining Cargill to further develop capabilities and grow the feed business in our market," said Paulo Mendonca Del'Acqua, CEO of Integral. "It is important to us that we continue to build upon our commitments to achieve high sustainable products and services quality for our customers."
Upon closing this transaction, Cargill will integrate complementary capabilities, expand access to innovation platforms, align nutrition capabilities and incorporate a broad trading and risk management competency.