Cargill’s European poultry business has completed the acquisition of Poland’s Konspol. The deal was announced in September and closed at the end of December.
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.
“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, 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.”
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.