Cargill completes Konspol acquisition

By Aidan Fortune contact

- Last updated on GMT

Cargill's acquisition of Polish business Konspol has been completed
Cargill's acquisition of Polish business Konspol has been completed
Cargill’s European poultry business has completed the acquisition of Poland’s Konspol, strengthening its value-added offering.

The deal, announced in September​ and closed at the end of December, is designed to expand the company’s focus in poultry and providing value-added protein to global consumers. 

Under the agreement, Cargill purchased the Polish assets of Konspol’s food and fresh chicken business. Cargill also acquired Konspol’s portfolio of products, including branded and private-label offerings, as well as its customer and supplier relationships. Cargill will acquire Konspol’s feed mill, five broiler farms and two processing complexes. The acquisition increases Cargill’s production capacity, export capabilities and proximity to existing customers to offer expanded value-added and poultry products.

Cargill will welcome Konspol’s 1,700 employees, which will bring the total number of Cargill employees in Poland to more than 3,400, while Cargill Global Poultry has more than 35,000 employees across 14 countries.

“The combination of Konspol and Cargill’s Global Poultry business opens even more possibilities for growth across Europe and around the world,”​ said Chris Langholz, president of Cargill Global Poultry. “Konspol is a remarkable company. We are eager to continue Konspol’s 40-year track record of success and ensure a continued focus on values that have helped our companies and communities thrive.”​ 

Kazimierz Pazgan, founder of Grupa Konspol, added: “Cargill is a company with huge accomplishments and a global reach. It is also family-owned company. In the course of our negotiations, I had the opportunity to learn that we share many values. I am certain this is the best guarantee of a future for Konspol, a company I have been expanding with my family for almost 40 years.”

In December, Cargill also acquired Colombian brand Campollo​ as well as opened a new protein headquarters in Wichita in the US​.

Related topics: Financial, Poland, Poultry

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