Thursday, June 13, 2019

Cargill announces Purchase of Beckers, a paranaense food company for piglets

SÃO PAULO (Reuters)-The agribusiness company Cargill announced on Wednesday the acquisition of Beckers Animal Nutrition industry, producer of feed for piglets in Brazil. According to Cargill's statement, the transaction will increase the supply of the company's swine rations in the country, with a specific focus on the South region--Beckers is located in Quatro Pontes (PR)--and in young pigs. The factory of the acquired company, still according to Cargill, has capacity for production of 8000 tons per month of feed. "We see this acquisition as an important step in our plan to develop the piglets feed business in Brazil," said the global group director of Cargill Animal Nutrition, Chuck Warta, in a statement. " Our clients are at the forefront of everything we do and I am very enthusiastic, "he added. The company did not cite business values in the communiqué. The transaction must be completed in the coming weeks, depending on the regulatory approvals of the Administrative Council for Economic Defense (Cade), the company said.
DCI - 12/06/2019 News Item translated automatically
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