Sector News

Cargill acquires Format International

December 17, 2015
Food & Drink

Driven by opportunities in the global feed software market to provide customers with integrated formulation software and solutions on a larger scale, Cargill announced Dec. 16 that it has acquired Format International Ltd., a leading global feed formulation software company with more than 30 years of experience and more than 5,000 users across 93 countries.

Format International specializes in the design, authoring and marketing of recipe optimization, ingredient allocation and food and feed formulation solutions for the animal feed, aqua feed, pet food, human food, premix and other industries.

Format International will become part of Cargill Feed Management Systems (FMS), a software company that operates as a separate part of the Cargill Animal Nutrition business. FMS has more than 12,000 users and provides formulation and operations solutions to the feed industry.

Cargill said the acquisition creates “a unique opportunity” for it to create “world-class formulation solutions” and provide customers with an even more comprehensive range of products and services.

“This acquisition combines Format International’s software capabilities and state-of-the-art platform with Cargill’s expertise in animal nutrition and nutrient analysis,” Cargill Feed Management Systems managing director Bruce Feist said. “Together, we will be able to offer our customers a complete and fully integrated nutrition solution that will deliver the right information to the right person — anytime, anywhere.”

Details of the transaction were not disclosed.

Source: Feedstuffs

comments closed

Related News

September 17, 2022

Coca-Cola chief platform services officer to step down

Food & Drink

Barry Simpson is stepping down from his position as chief platform services officer and senior vice president at the Coca-Cola Co. Mr. Simpson will leave the role Sept. 30, but he will remain in a senior advisory role until February 2023.

September 17, 2022

McCain acquires vegetable-based appetizer producer

Food & Drink

McCain Foods finalized its acquisition of Scelta Products, Kruiningen, Netherlands, for an undisclosed sum on Sept. 8. A maker of frozen, vegetable-based snacks, Scelta’s product line of breaded mushrooms, onion rings, and cauliflower fries joins McCain’s growing portfolio of prepared vegetable appetizers.

September 17, 2022

Plant-Based, Pumpkin Spice, and more food words added to Merriam-Webster Dictionary

Food & Drink

Plant-based, pumpkin spice, oat milk — these are just a few of the new food-related words added to the Merriam-Webster Dictionary this year. While these words are hardly new to the vernacular (especially pumpkin spice — why did that take so long?), they are only now deemed to have the “clear and sustained evidence of use” required for dictionary inclusion.