Cargill expands its global poultry business in Colombia with acquisition of CAMPOLLO
Acquisition will grow Cargill's Colombian poultry operations to better serve its Latin American customers, welcoming more than 2,500 new employees
BOGOTA, Colombia, Nov. 30, 2018 /PRNewswire/ -- Cargill has acquired Colombian-based CAMPOLLO, one of the country's leading producers of chicken and protein products.
The acquisition marks the expansion of Cargill's global protein business in Colombia after acquiring Pollos Bucanero in June 2017. CAMPOLLO has more than 20 years' experience in the market and its products are a top choice among consumers and retailers across Colombia.
Jorge Ivan Duque, general manager of Cargill's Pollos Bucanero, will continue leading Cargill's expanded poultry business in Colombia. He has spent the past 13 years working in the poultry sector in Central America and Colombia. CAMPOLLO will expand Cargill's protein business in Latin America, which includes businesses in Colombia, Costa Rica, Guatemala, Honduras and Nicaragua.
"As a Colombian, I´m proud we are strengthening the way we serve our customers and helping even more communities prosper. CAMPOLLO reaches millions of customers across the country. The acquisition complements and enhances our product portfolio and expands our current reach to more of the Colombian market. I´m confident this will be a smooth integration that will benefit our employees, customers, consumers and communities," Duque said.
"We are committed to this region and I´m thrilled to expand our operations in Colombia," said Xavier Vargas, president of Cargill Protein Latin America. "Our markets and communities will benefit as we bring our teams together. Cargill will bring its experience working in protein across four continents for more than 50 years to deliver customers and consumers consistent, high-quality products tailored to local flavors."
Cargill will welcome CAMPOLLO's more than 2,500 employees, which will bring the number of total Cargill employees in Colombia to more than 7,500. Cargill Global Poultry has more than 35,000 employees across 14 countries.
About Cargill
Cargill's 155,000 employees across 70 countries work relentlessly to achieve our purpose of nourishing the world in a safe, responsible and sustainable way. Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need to thrive.
We combine 153 years of experience with new technologies and insights to serve as a trusted partner for food, agriculture, financial and industrial customers in more than 125 countries. Side-by-side, we are building a stronger, sustainable future for agriculture. For more information, visit Cargill.com and our News Center.
SOURCE Cargill
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