Cargill's European Poultry Business Expands Into Poland With Acquisition of Konspol

London (ots/PRNewswire) -

Cargill has reached an agreement to acquire Konspol, one of
Poland's leading value-added food companies, providing an array of
products in the chilled convenience, frozen and cold cut categories.
This acquisition marks the introduction of Cargill's global protein
business into the Polish market and strengthens the company's global
poultry footprint, expanding operations to 14 countries.

(Logo: https://mma.prnewswire.com/media/707437/Cargill_Logo.jpg )

Under the agreement, which is subject to regulatory approvals,
Cargill will purchase the Polish assets of Konspol's food and fresh
chicken business. Cargill will also acquire Konspol's portfolio of
products, including branded and private label offerings, as well as
its customer and supplier relationships.

Konspol has more than 1,700 employees in Poland and operates a
feed mill, five broiler farms and two processing complexes. The
acquisition will increase Cargill's production capacity and proximity
to existing customers to offer expanded value-added and poultry
products. Upon completion of the acquisition, Cargill plans to
continue to grow and develop the business.

"Konspol's commitment to high-quality food and passion for
innovation is the perfect fit for Cargill's Global Poultry business.
This acquisition allows us to better serve our customers through a
diversified portfolio of value-added products," said Chris Langholz,
President of Cargill Global Poultry. "Konspol is a strong and
established fresh chicken and value-added food company whose products
are the preferred choice across Poland."

"Cargill is a company with huge accomplishments and a global
reach. It is also family-owned company that shares our values," said
Konspol Founder Kazimierz Pazgan. "I am certain this is the best
guarantee of a future for Konspol, a company I have expanded with my
family for almost 40 years."

Currently Cargill employs more than 1,700 people in 22 locations
across Poland and operates 19 animal feed mills, a premix oriented
facility, a wheat glucose syrup and ethanol production plant.

About Cargill

Cargill's 155,000 employees across 70 countries work relentlessly
to achieve our purpose of nourishing the world in a safe, responsible
and sustainable way. Every day, we connect farmers with markets,
customers with ingredients, and people and animals with the food they
need to thrive.

We combine 153 years of experience with new technologies and
insights to serve as a trusted partner for food, agriculture,
financial and industrial customers in more than 125 countries. Side
by side, we are building a stronger, sustainable future for
agriculture.

Cargill media contacts:

Nicole Marlor

+44-7748-034620

nicole_marlor@crgl-thirdparty.com

Iwona Wdowczyk

+48-22-546-01-00

Iwona_wdowczyk@cargill.com

ots Originaltext: Cargill
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