Cargill acquires two US feed mills, strengthens production and distribution capabilities to grow with customers

Cargill acquires two US feed mills, strengthens production and distribution capabilities to grow with customers

MINNEAPOLIS (Sept. 5, 2024) - To grow with the ag retail and large ranching/ farming segments in the western and central regions of the U.S., Cargill has acquired two feed mills from Compana Pet Brands - one in Denver, Colo. and the other in Kansas City, Kan. With the addition of the two facilities, Cargill is better positioned to expand the production and distribution capabilities of its Animal Nutrition and Health business in the U.S. The transaction finalized on Sept. 3, 2024. Terms were not disclosed.

"These two feed mills are a perfect fit for our Cargill Animal Nutrition and Health business in the U.S. 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 & Health Americas business.

With the Denver mill acquisition, Cargill welcomes more than 35 employees. The mill has dedicated packing lines, which allows for growth with ag retail customers who serve the backyard/hobby farmer and pet owner segments. Cargill will also be able to meet the needs of large farming and ranching operations in the region with the expanded capacity and some additional investments in the operation. The goal is to make this facility a modernized, flagship feed mill.

The newly acquired Kansas City mill is located close to Cargill's Kansas City feed facility and enables the company 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, CEO, Compana Pet Brands. "We are excited to work together in the years ahead."

These new acquisitions expand Cargill's capabilities in feed production and distribution in the U.S., expanding their ability to offer world-class products, services, and solutions in animal nutrition, performance, and health for dairy, livestock, and lifestyle/pet feed segments.

About Cargill

Cargill is committed to providing food, ingredients, agricultural solutions, and industrial products to nourish the world in a safe, responsible, and sustainable way. Sitting at the heart of the supply chain, we partner with farmers and customers to source, make and deliver products that are vital for living.

Our 160,000 team members innovate with purpose, providing customers with life's essentials so businesses can grow, communities prosper, and consumers live well. With 159 years of experience as a family company, we look ahead while remaining true to our values. We put people first. We reach higher. We do the right thing-today and for generations to come. For more information, visit Cargill.com and our News Center.

About Compana Pet Brands

With roots dating back to 1842, Compana Pet Brands is a global leader in pet care and nutrition dedicated to enriching the lives of pets and their families. Based in St. Louis and employing approximately 700 passionate pet lovers around the world, the company manufactures and markets more than 20 household brands in dog and cat, backyard chicken, equine, small animal and indoor bird categories. Compana believes pets are an important part of the family and its broad portfolio of brands focuses on care and wellness solutions to improve the quality of life for pets of all shapes and sizes throughout their lifespans. For more information, visit www.companapetbrands.com or follow Compana on LinkedIn.