The partners of Brasilpar are pleased to announce that our clients, the shareholders of Integral Animal Nutrition, have signed a binding agreement to sell 100% of their shares to Cargill. The transaction is expected to close in the next few months, depending on regulatory approval by CADE, the Brazilian antitrust authority.
Integral Animal Nutrition, founded in 1986, supplies products and solutions such as premixes, minerals and protein feed for beef cattle production systems in pasture and feedlot. The company has a strong presence in the Brazilian Midwest, especially in the states of Goiás, Tocantins and Mato Grosso.
Cargill Animal Nutrition operates in 40 countries providing animal nutrition solutions for poultry, cattle, equine, fish, swine, dogs and cats.
The partners of Brasilpar are proud to have acted as financial advisor to the shareholders of Integral Animal Nutrition in relation to this important transaction.
Scott Ainslie, vice president and director of Cargill Animal Nutrition, commented:
"Our customers are at the forefront of everything we do and I’m thrilled to partner with a company that has more than 31 years of experience and a strong reputation for quality products and services in Brazil. We see this acquisition as an important step in our plan to grow the beef business in Brazil and strengthen our supply chain throughout the country."
Over 90 delegates from IMAP member firms representing 32 countries congregated in Miami on October 25th - 27th for IMAP’s 2018 Fall conference. The conference was hosted by Falls River Group, IMAP’s partner firm in Florida, and was set around the theme of ‘Disruptive Innovation’.