
Aurelius carves out Cargill's Swiss animal feed business
German industrial holding company Aurelius Equity Opportunities has carved out Cargill's Switzerland-based animal nutrition business.
Cargill's Swiss division generated revenues of €130m for the financial year ending in March 2017. The global group generated revenues of $109.7bn with adjusted earnings of $3.04bn in its most recent financial year.
Cargill will retain a presence in the Swiss market, supplying compound feed, premixes and feed additives, as well as supply chain and risk management software.
Aurelius described the transaction as a "complex carve-out of a non-core business" in a statement.
Company
Cargill has been active in the Swiss market since 1956. Its Swiss division is focused on poultry, swine and cattle feed with a speciality offering for pet horses, zoo animals and medicated feed. It generates revenues of €130m, employs 250 people and has three production sites in Lucens, Gossau and Kaiseraugst.
People
Aurelius Equity Opportunities – Dirk Markus (chair).
Cargill – Phil Graham (group director).
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