November 8, 2017

1 Min Read
Cargill Sells Animal Nutrition Business in Switzerland
Cargill sold its animal nutrition business in Switzerland, which produces pet feed, this week. Image courtesy of Flickr user spin_spin

American agribusiness Cargill recently sold its animal nutrition business in Switzerland to German investment firm AURELIUS Equity Opportunities for an undisclosed price, Munich-based AURELIUS announced in a Nov. 6 press release.

Producing specialty feed for pets, horses, zoo animals, and medicated feed for the Swiss market, Cargill currently employs about 250 workers in its animal nutrition business in the country. The company operates three production facilities in Switzerland. Impacted employees under active contracts will be transitioned into the firm under the new ownership. 

The purchaser indicated that some changes are on the horizon: “In the upcoming months, AURELIUS operational experts will support management in executing a carve-out from Cargill ensuring minimal distraction to the company’s Swiss-based animal nutrition business, thus helping management and employees to fully focus on its customers,” the firm’s press release said.

Cargill said it will remain committed to the Swiss market, where the company has operated since 1956.

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