US meat producer Smithfield Foods has announced it has entered into an agreement to acquire a dry sausage facility in Nashville, TN from commodities giant Cargill. The new facility will manufacture goods for Smithfield Foods’ dry sausage brands such us Margherita, Carando and Armour to cater to increased demand, the company said. “This transaction is a testament to our continued focus on growing our packaged meats business by staying ahead …
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Cargill
Cargill, the global food and agribusiness firm, has announced the opening of a state-of-the-art Cocoa Development Centre in Gresik, Indonesia. In a press release, the company said the facility was the first of its kind in Asia-Pacific and “the most advanced”. The centre is located in the same site of Cargill’s cocoa processing plant and is aimed to boost consumer-driven innovation. Francesca Kleemans, managing director, food solutions Southeast Asia at …
Leading US multinational Cargill has announced plans to build a new chocolate complex at its site in Mouscron, Belgium. According to a press release from the multinational, the 700 sq m “House of Chocolate” complex will feature a “chocolate experience centre”, a pilot plant, a sensory lab and a creative workspace for Cargill’s European R&D team. The firm said it aimed to create a space where consumers can experience the whole …
Leading US multinational Cargill has announced the launch of its first production facility in Asia, partnering with a local manufacturer in western India. According to sources, the manufacturing facility will open in 2021, with an initial production of 10,000 tons of chocolate compounds, and a workforce of 100 jobs. This investment is part of the Cargill’s plan to “become the leading supplier and trusted partner for our bakery, ice cream …
Leading US multinational Cargill has announced the acquisition of Polish value-added food company Konspol, which manufactures a portfolio of chilled, convenience, frozen and cold cut categories. As a result of the acquisition, Cargill strengthens the company’s global poultry footprint to 14 countries. The deal will aso increase production capacity and proximity to existing customers offering expanded value-added and poultry products, the company said Konspol operates a feed mill, five broiler farms …
Cargill, the commodities giant, has announced that it has acquired Pro-Pet, a dog food manufacturer based in Ohio, USA. Pro-Pet productes private label and co-manufactured pet foods, including the premium-positioned brand Black Gold. The firm has more than 150 employees and operates pet food manufacturing facilities in Owatonna, MN, St. Marys, OH and Kansas City, KS. Commenting on the deal, Cargill Feed and Nutrition president Pilar Cruz said: “Pro-Pet’s commitment to high-quality, …
FMCG company Cargill Foods India has announced the introduction of an anti-counterfeiting technology to its products, so that consumers can check if goods are genuine or fake. According to F&B News, the new technology uses a 3D hologram of Cargill Foods India to signify the authenticity of the brand and also includes an app called Mojo Tag where consumers, retailers and distributors can scan batch codes to verify authenticity. Neelima …
Brazilian meat firm JBS has announced that it has entered into an agreement to buy Cargill Inc.’s pork businesses in the USA for $1.45 billion. According to a company announcement, the deal includes two meat processing plants in Iowa and Illinois, as well as five feed mills in Missouri, Arkansas, Iowa and Texas and four hog farms in Arkansas, Oklahoma and Texas. “Today’s announcement of our agreement to purchase the …
Cargill is looking to invest $1 billon in Indonesia over the next three years to expand its palm business and enter the poultry sector, according to Reuters. It is reported that Cargill, which is already present in Indonesia in the palm oil, cocoa and animal feed sectors, sees great potential in poultry production in the country. “Japan is looking closely at Indonesian chicken and part of it is to replace …
Cargill, the largest privately held corporation in the United States in terms of revenue, has revealed that it has agreed to purchase the global chocolate business of the food processing and commodities trading firm Archer Daniels Midland (ADM). The transaction is valued at $440 million and includes ADM’s three North American chocolate plants, located in Milwaukee (Wis.), Hazleton (Penn.), and Georgetown (Ontario) as well as three in Europe: Liverpool (UK), …
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