Items Tagged with 'Cargill'

Givaudan, Bühler, Cargill, Ital and The Foodtech Hub LATAM have jointly announced the opening of Tropical Food Innovation Lab, an innovation ecosystem for the development of sustainable food and beverages focused on the Brazilian biodiversity. 

 Jamie Miller will step down as chief financial officer.

Sikes will be the 10th CEO in Cargill's 157-year history and brings a strong track record of business operational rigor to the role, having grown the company's global Protein and Salt enterprise into an industry leader. 

A key component of Cargill's latest donation will include $1.9 million in support of increasing the supply of nutritious protein throughout the charitable food system.

They were selected for their expertise aligned to evolving customer and employee needs and their potential to drive the company's innovation and sustainability strategies around the world.

Cargill, Continental Grain Company, and Sanderson Farms have reached a definitive agreement for a joint venture between Cargill and Continental Grain to acquire Sanderson Farms for $203 per share in cash, representing a total equity value for Sanderson Farms of $4.53 billion. The purchase price represents a 30.3% premium to Sanderson Farms’ unaffected share price of $155.74 on June 18, 2021, the last full trading day prior to media speculation about the potential sale of Sanderson Farms; a 22.8% premium to the Sanderson Farms 30-day volume weighted average price as of June 18, 2021, and a 15.2% premium to the all-time high share price as of June 18, 2021. Upon completion of the transaction, Cargill and Continental Grain will combine Sanderson Farms with Wayne Farms, a subsidiary of Continental Grain, to form a new, privately held poultry business.

Sysco and Cargill, two of the world's largest food companies, announced a partnership with the National Fish and Wildlife Foundation (NFWF) that will help ranchers in Texas, Oklahoma, New Mexico, Kansas and Colorado tackle the impacts of climate change and improve grasslands and wildlife habitat by creating one of the largest sustainable beef cattle grazing efforts in the nation.

Cargill has named Hans Kabat group leader and president of Cargill’s North American protein business, effective May 1, 2021.

When it comes to climate change, some consumers view agriculture as a part of the solution rather than the problem. Among participants in Cargill’s recent global Feed4Thought survey, those who indicated climate change as important to them also rated livestock and agriculture lowest in negative impact compared with other industries generally regarded as significant contributors. More than one-third of respondents expressed confidence in the industry’s ability to limit its contributions to climate change.   

Two new members are joining Cargill’s executive team as the company makes leadership changes to implement strategic growth initiatives.