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Cargill Signs Binding Agreement to Acquire Delacon; Adriano Marcon, Mike Johnson, and Markus Dedl Discuss

Cargill Signs Binding Agreement to Acquire Delacon; Adriano Marcon, Mike Johnson, and Markus Dedl Discuss


MINNEAPOLIS & ENGERWITZDORF, AUSTRIA
Tuesday, July 5th, 2022

As consumer preferences seem to lean toward natural food production and prioritizing the health of animals, Cargill is making tactical advancements to deliver on this need for shoppers. As part of this strategy, Cargill recently signed a binding agreement to acquire Delacon, a global expert in plant-based phytogenic additives.

Adriano Marcon, Animal Nutrition President, Cargill"After a successful five-year partnership, Cargill and Delacon will build upon their combined deep history and long-term commitment to scientifically driven, sustainable customer solutions focused on animal health, feed efficiency, and performance," said Adriano Marcon, Cargill Animal Nutrition President. "We're excited to expand our animal nutrition offerings with science-proven additives."

According to a press release, this recent acquisition combines Cargill's global network and deep expertise in animal nutrition technologies with Delacon's pioneering knowledge and market experience in phytogenic feed additives, a term coined by Delacon's founders in the 1980s.

Cargill recently signed a binding agreement to acquire Delacon, a global expert in plant-based phytogenic additives

The phytogenic feed additives category utilizes a wide range of herbs, plants, and extracts to improve livestock and aquaculture performance and promote animal health.

Mike Johnson, Leader of Animal Health Technologies Business, Cargill"Combining Cargill's animal health technologies with Delacon's phytogenics provides the next frontier for animal productivity and sustainable, wholesome food production," says Mike Johnson, leader of Cargill's Animal Health Technologies Business. "Joining together with Delacon's leading talent and technology to deliver improved profitability and performance for our customers."

The acquisition is expected to close in mid-2022 and is subject to customary closing conditions. The terms of the deal have not yet been disclosed.

The recent acquisition combines Cargill's global network and deep expertise in animal nutrition technologies with Delacon's pioneering knowledge and market experience in phytogenic feed additives

Markus Dedl, Delacon's Chief Executive Officer, also commented on the strategic deal.

Markus Dedl, Chief Executive Officer, Delacon"It is my responsibility to assure the frame for Delacon's future growth, developing our ability to thrive, and taking phytogenic expertise to the next level,” said Dedl. “The acquisition will enlarge Delacon's scope for future innovations and make phytogenic feed additives more available globally. Together, Cargill and Delacon will accelerate the pace of innovation and drive strategic, long-term growth."

To read more about the partnership and acquisition, click here.

Stay tuned as Deli Market News brings you the latest updates in the industry.

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