In October, it confirmed the finalization of the deal to acquire Norway-based salmon feed company EWOS for about $1.5b from Altor Fund and Bain Capital Europe. This year has also seen the group offload some meat operations. The acquisition of Format International follows Cargill’s move into new feed areas through acquisition and joint ventures in 2015. In May this year, Cargill told FeedNavigator how it has been helping integrated pork producers meet productivity gains and how it has fined tuned a feed mill’s phytase use though leveraging its formulation system based on mathematical modelling and ‘big data’. It designs authors and markets recipe optimization, ingredient allocation and food and feed formulation solutions for the animal feed, aqua feed, premix, pet food, and human food. The Minneapolis based group said the Woking, England headquartered software developer will be integrated into its Cargill Feed Management Systems (FMS), a company that operates as a separate part of the Cargill Animal Nutrition business.Ĭargill is not disclosing the financial terms of the deal.įormat has 5,000 users across 93 countries.
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