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 has more than 1,700 employees in Poland and operates a feed mill, five broiler farms and two processing complexes. The acquisition will increase Cargill’s production capacity and proximity to existing customers to offer expanded value-added and poultry products. Upon completion of the acquisition, Cargill plans to continue to grow and develop the business.
“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,” said Chris Langholz, President of Cargill Global Poultry. “Konspol is a strong and established fresh chicken and value-added food company whose products are the preferred choice across Poland.”
Full Content: PR Newswire
