Cargill has acquired Colombian chicken producer Campollo, further expanding its poultry business in the country after buying Pollos Bucanero last year.
Campollo has more than 20 years’ experience in the market and its products are “a top choice among consumers and retailers across Colombia”, Cargill said.
The Bucaramanga-headquartered firm will expand Cargill’s protein unit in Latin America, which includes businesses in Costa Rica, Guatemala, Honduras and Nicaragua.
Jorge Ivan Duque, general manager of Pollos Bucanero, will continue leading Cargill’s expanded poultry business in Colombia.
“As a Colombian, I’m proud we are strengthening the way we serve our customers and helping even more communities prosper,” he said.
“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.”
Xavier Vargas, president of Cargill protein Latin America, added: “We are committed to this region and I’m thrilled to expand our operations in Colombia. 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 flavours.”
Cargill will welcome more than 2,500 Campollo employees to its business, bringing the total number of Cargill employees in Colombia to more than 7,500.
The news comes a week after Cargill announced it will invest $235 million in the Philippines to grow its business in the country in the next two years.
The firm has also revealed a $70 million spend in Thailand over the next two years to address the increase in global demand for seafood and poultry.
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