Cargill Expands Global Poultry Business With Colombian Acquisition
Cargill has acquired Campollo, one of Colombia’s leading producers of chicken and protein products, for an undisclosed price. 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 of experience in the market and its products are a top choice among consumers and retailers across Colombia.
Campollo will expand Cargill’s protein business in Latin America, which includes businesses in Colombia, Costa Rica, Guatemala, Honduras and Nicaragua.
“We are committed to this region and I´m thrilled to expand our operations in Colombia,” says 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 flavours.”
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.
