Cargill acquires CAMPOLLO, expands global poultry business
CAMPOLLO will expand Cargill's protein business in Latin America, which includes businesses in Colombia, Costa Rica, Guatemala, Honduras and Nicaragua.
Cargill, Minneapolis, acquired CAMPOLLO, a Colombia-based producer of chicken and protein products.
Jorge Ivan Duque, general manager of Cargill's Pollos Bucanero, which it acquired in June 2017, will continue leading Cargill's expanded poultry business in Colombia. CAMPOLLO will expand Cargill's protein business in Latin America, which includes businesses in Colombia, Costa Rica, Guatemala, Honduras and Nicaragua.
"As a Colombian, I´m proud we are strengthening the way we serve our customers and helping even more communities prosper. CAMPOLLO reaches millions of customers across the country. The acquisition complements and enhances our product portfolio and expands our current reach to more of the Colombian market. I’m confident this will be a smooth integration that will benefit our employees, customers, consumers and communities," Duque says.
"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 flavors."
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.