Cargill Sells Swiss Feed Business to German Investment Group
After conducting a full review of its European operations, Cargill has divested its animal feed business based in Switzerland to AURELIUS, a German specialty investment group for an undisclosed amount.
Cargill has said that the decision to sell was a strategic one, and was made in the best long-term interest of the company. However, it remains committed to its European animal nutrition market, and will continue to seek out growth in the region.
Cargill has had a presence in Switzerland since 1956, and in 2013 announced that it was selling its Swiss flour business to invest in its animal feed business in the country, which includes three production sites at Lucens, Gossau, and Kaiseraugst, producing poultry, swine, and cattle premix and complete feeds. The company’s Swiss business also produces specialty feed for pets, horses, zoo animals, and medicated feed.
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