Thailand

Cargill is expanding its animal feed business in Thailand

Mergers & Acquisitions

Cargill acquired a feed mill in Prachinburi province in Thailand in order to expand its capabilities for its animal feed and nutrition business. Through the acquisition, the plant will now produce poultry and swine feed for Cargill�s customers based in Thailand.

Posted on Sep 15 ,06:54

Cargill is expanding its animal feed business in Thailand

 

 

“This plant is aligned to Cargill’s animal nutrition business growth plans and aspiration to provide the leading and most trusted livestock solutions that help our customers grow,” said Akkarit Boontawee, managing director of Cargill Feed and Nutrition South East Asia.

Cargill plans to start production in a year at its new plant which will hold 50 employees and produce 72,000 MT per year for swine and poultry customers in the Eastern and Northeastern areas of Thailand.
The company also could expand the facility and add more local jobs as the market continues to grow.

“We are pleased Cargill has acquired the plant. We are confident it will be a prosperous business that will serve Thailand’s poultry and swine farmers well,” said Mr. Anan Jantaranukul, managing director Srithai feed mill Co., Ltd.

The feed mill purchased by Cargill was established in 1996 through a joint venture between Sri Thai Foods and Beverages Co. Ltd. and Thai-Denmark Swine Breeding Co. Ltd., and it produces poultry and swine feed.

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