MINNEAPOLIS, MINNESOTA, US — Cargill has acquired two feed mills from Compana Pet Brands, a move the company said allows it to grow alongside the ag retail and large ranching/farming segments in the western and central regions of the United States. The mills are in Denver, Colorado, US, and Kansas City, Kansas, US.
Financial terms of the transaction were not disclosed.
“These two feed mills are a perfect fit for our Cargill Animal Nutrition and Health business in the 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,” said Mariano Berdegue, senior vice president for Cargill’s Animal Nutrition and Health Americas business.
Cargill said the Denver feed mill has dedicated packing lines and employs 35. The company said that with expanded capacity and additional investment the goal is to make the facility a modernized, flagship feed mill.
Meanwhile, the Kansas City feed mill is located close to Cargill’s existing feed facility in the city. Cargill said the acquisition of the Kansas City mill will enable it to continue to be a key supplier in the area and grow with customers in the region.
“This transaction is mutually beneficial as Cargill will continue to manufacture our product,” said Greg Pearson, chief executive officer of Compana Pet Brands. “We are excited to work together in the years ahead.”
Cargill’s Animal Nutrition business has about 20,000 employees at 240 location in 40 countries producing nearly 18 million tonnes of feed annually for a broad portfolio of feed products.