Cargill completed its acquisition of Provimi, a global animal nutrition company, for an enterprise value of €1.5 billion (US$2 billion).  


The merger brings together Cargill's expertise in compound feed, supply chain and risk management with Provimi's range of nutritional expertise, technology and portfolio of premix, additives and ingredients, according to the companies. Cargill's animal nutrition business will be led by Ton van der Laan, previously chairman and group CEO of Provimi, who joins Cargill as a corporate vice president, and Cargill's animal nutrition business leader, Joe Stone.