Cargill completes acquisition Southern States’ animal feed business

Cargill completes acquisition of Southern States’ animal feed business

7:06 AM, 27th September 2017
Cargill logo

MINNEAPOLIS, US: Cargill completes the acquisition of Southern States Cooperative, Inc’s animal feed business.

Under the agreement, Cargill purchased the assets of Southern States Cooperative’s animal feed business, including seven feed mills and its portfolio of products, brands and customer and supplier relationships. The other segments of Southern States Cooperative’s business – retail, farm supply, energy, and agronomy – are not part of the transaction.

The acquisition strengthens Cargill’s distribution and go-to-market capabilities in the Southeast, Mid-Atlantic and Northeast regions of US and provides a pathway for continued growth across the region. In addition to the acquisition, Cargill has completed a long-term supply agreement with Southern States for Cargill to supply its retail stores with Southern States branded feed.

“The combination of CFN US and Southern States Cooperative’s animal feed business will help us grow with customers and best meet their ever-changing needs,” said Mark Lueking, US managing director, Cargill feed and nutrition.

"We believe that our combined business will provide unique benefits to our members and customers. We've brought together two best-in-class feed companies to develop solutions to meet their needs.  We look forward to growing the Southern States feed business with Cargill as our partner," said Jeff Stroburg, president and CEO of Southern States Cooperative Inc.

© Worldofchemicals News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


Eastman licenses bio-based FDCA technology to Origin Materials

KINGSPORT, US: Eastman Chemical Company have entered into a non-exclusive license agreement with Origin Materials (formerly known as Micromidas), to l ...

Read more
Westlake Chemical acquires additional 5 pc stake in OpCo

HOUSTON, US: Westlake Chemical Partners LP (WLKP) has agreed to acquire an additional 5 percent interest in Westlake Chemical OpCo LP (OpCo) for appro ...

Read more
Valent launches new sustainable solutions business unit

WALNUT CREEK, US: Valent USA LLC, a leading crop protection firm has launched the sustainable solutions business unit, a new division within ...

Read more
Syngenta, Plaintiffs reach settlement in corn traits launch litigation

WASHINGTON, US: Plaintiffs and offenders in the Syngenta MIR 162 corn litigation have reached a pending settlement to resolve litigation concerning th ...

Read more
CB&I bags Phillips 66 storage terminal expansion contract in Texas

THE WOODLANDS, US: Chicago Bridge & Iron Company (CB&I) has been awarded a contract by Phillips 66 Company to increase storage capacity at Phi ...

Read more
Sabic unveils new Lexan resins for LED automotive lighting

SITTARD, THE NETHERLANDS: Sabic said that it is introducing new materials for customers producing LED automotive lighting parts. Lexan HF4010SR resin ...

Read more