June 9, 2011

 

Cargill combines operations with Pipasa

 

 

Cargill announced that it has combined its operations with Corporacion Pipasa, which is a poultry and meat processor in Costa Rica and Nicaragua and is now a part of Cargill.

 

Pipasa produces beef, pork, chicken and turkey products in Costa Rica and Nicaragua. Pipasa owns five processing plants, four animal feed facilities and 12 distribution centres. The company also focuses in feed for cattle, aquaculture, poultry, pork, horses. Its key brands are Pipasa for poultry and Tiquicia for cold cuts.

 

Cargill said that the combination with Pipasa will be an addition to the Company's existing retail-branded business in Central America that processes and distributes chilled and frozen poultry and luncheon meats to large and small food retailers throughout Central America. All regulatory approvals have been completed, but terms of the transaction were not disclosed. Cargill processes poultry in Honduras and Nicaragua, and has processed-meat operations in Costa Rica, Guatemala and Honduras.

 

"The combination of Cargill and Pipasa will create a business that will help meet the increased demand for high-quality food in Central America," said Bruce Burdett, the leader of Cargill's operations in Central America. The long-term outlook for poultry, poultry feed and processed meat is strong, Burdett added.

Video >

Follow Us

FacebookTwitterLinkedIn