International

Cargill acquires Brazilian based Integral Animal Nutrition

Mergers & Acquisitions

Cargill has reached an agreement to acquire Integral Animal Nutrition, a cattle feed producer in Brazil. The transaction is expected to close in the next few months, depending on regulatory approvals of the Administrative Council for Economic Defense (CADE).

Posted on Oct 30 ,07:01

 

Under the agreement, Cargill will purchase 100 percent 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 million reais ($25 million US) per year.

The acquisition will help the company further develop its Free Choice Mineral and premix capabilities to better serve its customers across the country’s mid-west region.

"We see this acquisition as an important step in our plan to grow the beef business in Brazil and strengthen our supply chain throughout the country,” said Scott Ainslie, vice president and group director, Cargill Animal Nutrition.

Integral Animal Nutrition supplies a range of products and solutions from minerals to premixes for beef cattle production systems in pasture and feedlot. The company sales its products in the states of Goiás, Tocantins, Pará, Minas Gerais, Mato Grosso, Bahia and Federal District, Integral.

Comments

Similar articles