Cargill buys out Costa Rica poultry producer

Cargill has bought out Costa Rica poultry and meat producer Corporación Pipasa Costa Rica-Nicaragua, according to reports. Cargill's purchase is part of the company's overall business plan for Central America.

June 1, 2011

Cargill has bought out Costa Rica poultry and meat producer Corporación Pipasa Costa Rica-Nicaragua, according to reports.

Cargill's purchase is part of the company's overall business plan for Central America. The acquisition will greatly expand Cargill's presence in Costa Rica, as Pipasa currently has a 60% market penetration. Cargill will officially take over the company on June 2. The final purchase price has not been released.

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