Cargill’s animal nutrition business has announced its expansion into Turkey through the acquisition of a 51% stake in Ekol Gida, one of Turkey’s leading companies operating in the premix and feed additives market. In line with Cargill’s animal nutrition business’ growth strategy, the deal will allow Cargill to focus its commitment to Turkey as one of its primary growth markets, leveraging Ekol Gida’s high quality products, services, and customer base, while also building technical applications centers for dairy and poultry. Ekol Gida’s customers will also gain access to Cargill’s broad product portfolio, industry expertise, knowledge transfer, farmer education programs, and embedded industry partnerships.
“We are proud for Ekol Gida to make this significant step together with Cargill. The deal will leverage our established customer network in premixes, feed additives and our profound market knowledge. The management team will remain committed to continue serving our existing customer base,” says Serhad Celik, Ekol Gida’s general manager, and one of its founding shareholders.
Lynda Kiernan is Editor with HighQuest Group Media and of the Oilseed & Grain News. If you would like to submit a contribution for consideration, please contact Ms. Kiernan at email@example.com.