New Tool: ProSource
Checkout our packaging and processing solutions finder, ProSource.

Cargill set to create major natural animal health and nutrition business

Is accomplishing goal through acquisitions

Pfw 7144 Oct News Cargill Logo2

Cargill has signed a binding agreement to acquire Diamond V, a global provider of natural solutions and technologies that improve animal health, animal performance and food safety. The acquisition, which includes all of Diamond V’s business, plus Cargill's recent investment in Delacon, the global leader in natural, plant-based phytogenic additives, will give the company a major position in the $20 billion global animal feed additives market. 

 

The terms of the Diamond V acquisition have not been disclosed. However, the transaction is projected to be completed in January 2018, subject to regulatory approval and customary closing conditions.

 

Cargill also has agreed to purchase 100 percent of the assets of Integral Animal Nutrition, a cattle feed producer in Brazil. The assets include a production plant in Goianira, Goiás, Brazil, as well as a portfolio of products ranging from Free Choice Minerals to premixes. The transaction is expected to close by year’s end, depending on regulatory approvals of the Administrative Council for Economic Defense (CADE).

Explore new technology for processed & packaged foods at PACK EXPO East
Discover the right food processing and packaging solutions, make the right connections and get up to speed on industry advances at the largest PACK EXPO East in history! Don’t miss out—join us March 18–20 in conveniently-located Philadelphia.
Read More
Explore new technology for processed & packaged foods at PACK EXPO East
Discover Our Content Hub
Access ProFood World's free educational content library!
Read More
Discover Our Content Hub