Cargill has entered the Polish poultry market for the first time, as it has acquired Polish poultry producer Konspol for an undisclosed figure.
As part of the deal, Cargill will purchase the Polish assets of Konspol’s food and fresh chicken business and will acquire Konspol’s portfolio of branded and private label products, as well as its customer and supplier relationships.
Konspol operates a feed mill, five broiler farms and two processing sites in the country, employing approximately 1,700 people, and Cargill says that the acquisition will significantly increase Cargill’s production capacity of value-added and poultry products.
Chris Langholz, president of Cargill Global Poultry said: “Konspol’s commitment to high-quality food and passion for innovation is the perfect fit for Cargill’s Global Poultry business.
“This acquisition allows us to better serve our customers through a diversified portfolio of value-added products.
“Konspol is a strong and established fresh chicken and value-added food company whose products are the preferred choice across Poland.”
Konspol founder Kazimierz Pazgan added: “Cargill is a company with huge accomplishments and a global reach. It is also family-owned company that shares our values.
“I am certain this is the best guarantee of a future for Konspol, a company I have expanded with my family for almost 40 years.”
By Martin White
Source: FoodBev
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