Cargill Completes Acquisition of Raggio di Sole Mangimi S.p.A

MINNEAPOLIS, July 15, 2011 /PRNewswire/ -- Cargill has today completed its acquisition of the Italian animal nutrition company, Raggio di Sole Mangimi S.p.A, having received antitrust approval from the Italian Authority.

"We are delighted to welcome the Raggio di Sole Mangimi S.p.A employees to Cargill," said Silvio Ferrari, president of Cargill's business in Italy.  "This acquisition brings a dedicated and committed team to Cargill.  We will now start the process of integrating our operations, with particular emphasis on maintaining and building on the excellent levels of service which we proudly deliver to our customers."

This acquisition complements Cargill's existing resources and capabilities.  Together with Raggio di Sole Mangimi S.p.A's respected brand and wide portfolio of products, Cargill will create a new, nationwide full service offering across the spectrum of animal nutrition customers' needs. 

Cargill has been active in Italy since 1962 and this acquisition represents a natural extension of its animal nutrition business in the country. 

About Cargill

Cargill is an international producer and marketer of food, agricultural, financial and industrial products and services. Founded in 1865, the privately held company employs 131,000 people in 66 countries. Cargill helps customers succeed through collaboration and innovation, and is committed to sharing its global knowledge and experience to help meet economic, environmental and social challenges wherever it does business. For more information, visit http://www.cargill.com

SOURCE Cargill

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