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Markets :: Fine Chemicals/Biotech :: Agricultural chemicals
Cargill Acquires Provimi for €1.5 Billion
11:58 AM MDT | August 29, 2011 | —REBECCA COONS
Cargill plans to acquire Provimi (Paris) from private equity firm Permira Funds (London) for €1.5 billion ($2.2 billion). The binding offer by Cargill would create a global leader in animal nutrition. Provimi is a global leader in animal nutrition, and Cargill says the company’s nutritional expertise and portfolio of premix, additives and ingredients complements its positions in compound feed and knowledge of agricultural supply chains. “Cargill provided a clear and compelling case to become our new owner and we believe that a combination of its...
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