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Cargill acquires two US feed mills, strengthens production and distribution capabilities to grow
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Wednesday, 18 September, 2024, 08 : 00 AM [IST]
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Minneapolis, USA
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To grow with the ag retail and large ranching/ farming segments in the western and central regions of US, Cargill has acquired two feed mills from Compana Pet Brands – one in Denver, Colorado and the other in Kansas City, Kansas. With the addition of the two facilities, Cargill is better positioned to expand the production and distribution capabilities of its Animal Nutrition and Health business in US. The transaction finalised on September 3, 2024.
Mariano Berdegue, senior vice president for Cargill’s animal nutrition & health Americas business, said, “These two feed mills are a perfect fit for our Cargill Animal Nutrition and Health business in US to better position us for long-term growth of our full portfolio and serve a range of customers, from the larger farmer/rancher to the local retailer who sells horse treats and pet food.”
With the Denver mill acquisition, Cargill welcomes more than 35 employees. The mill has dedicated packing lines, which allows for growth with ag retail customers who serve the backyard/hobby farmer and pet owner segments. Cargill will also be able to meet the needs of large farming and ranching operations in the region with the expanded capacity and some additional investments in the operation. The goal is to make this facility a modernised, flagship feed mill.
The newly acquired Kansas City mill is located close to Cargill’s Kansas City feed facility and enables the company to continue to be a key supplier in the area and grow with customers in the region.
Greg Pearson, CEO, Compana Pet Brands, said, “This transaction is mutually beneficial as Cargill will continue to manufacture our product. We are excited to work together in the years ahead.”
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