Cargill acquires feed mill in Thailand
Sept. 20, 2017
by MEAT+POULTRY Staff
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Cargill will expand its animal nutrition business through acquisition in Prachinburi, province.
BANGKOK – Cargill has acquired a feed mill in the Prachinburi province of Thailand in an effort to expand its animal nutrition business capabilities. The feed mill was a joint venture between Sri Thai Foods and Beverages Co. Ltd. and Thai-Denmark Swine Breeding Co. Ltd. that was established in 1996 to produce poultry and swine feed. The plant will now produce poultry and swine feed for Cargill’s Thailand-based customers.
“This plant is aligned to Cargill’s animal nutrition business growth plans and aspiration to provide the leading and most trusted livestock solutions that help our customers grow,” Akkarit Boontawee, managing director of Cargill Feed and Nutrition South East Asia, said in a statement.
The mill has stopped production with plans to begin production a year from now. Once operational in summer of 2018, the mill will employ roughly 50 and produce over 79,000 tons of feed per year for swine and poultry customers in the Eastern and Northeastern areas of Thailand. Cargill has the land area to expand the plant further in the future as the market continues to grow.
“We are pleased Cargill has acquired the plant. We are confident it will be a prosperous business that will serve Thailand’s poultry and swine farmers well,” said Anan Jantaranukul, managing director Srithai feedmill Co., Ltd.