Deal boosts end-to-end solutions offering for animal nutrition and feed industries
MINNEAPOLIS - Driven by opportunities in the global feed software market to provide customers with integrated formulation software and solutions on a larger scale, Cargill has acquired Format International Ltd., a leading global feed formulation software company with more than 30 years of experience and more than 5,000 users across 93 countries. Format International specializes in the design, authoring and marketing of recipe optimization, ingredient allocation and food and feed formulation solutions for the animal feed, aqua feed, pet food, human food, premix and other industries.
Format International will become part of Cargill Feed Management Systems (FMS), a software company that operates as a separate part of the Cargill Animal Nutrition business. FMS has more than 12,000 users and provides formulation and operations solutions to the feed industry.
The acquisition creates a unique opportunity for Cargill to create world-class formulation solutions and provide customers with an even more comprehensive range of products and services. "This acquisition combines Format International's software capabilities and state-of-the-art platform with Cargill's expertise in animal nutrition and nutrient analysis," said Bruce Feist, managing director, Cargill Feed Management Systems. "Together, we will be able to offer our customers a complete and fully integrated nutrition solution that will deliver the right information to the right person - anytime, anywhere."
Customers and employees will benefit not only from Cargill's scale and animal nutrition expertise, but also from working with a company that shares its values. "What impresses me about Cargill is its high ethical standards, sustainable business practices and values-based culture focused on customers, employees and communities," said Merryl Webster, managing director, Format International. "Its commitment to providing customers with end-to-end solutions will give Format's customers additional choices of tools and systems which will help to more effectively grow their businesses long-term and ensures that we continue to deliver high quality products and services to them."
Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and 150 years of experience. We have 155,000 employees in 68 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work. For more information, visit Cargill.com and our News Center.
About Format International Ltd.
Format International Ltd. specialises in the design, authoring and marketing of recipe optimisation, ingredient allocation and food feed formulation solutions for the animal feed, aqua feed, pet food, human food, premix and other industries. Founded in 1980, and based in Woking, UK, Format International delivers software solutions to customers ranging from small local companies and consultants to large, multi-national corporations. The Company and its people are dedicated to delivering added value to customers by providing innovative, profit-delivering software and the technical support and expertise to help them achieve their business goals. www.formatinternational.com
About Cargill Feed Management Systems
Cargill Feed Management Systems (FMS) is a leading provider of software solutions and services for the animal feed and nutrition industry. Backed by more than a quarter-century of animal nutrition and feed operations knowledge, FMS delivers software solutions, consulting services and business process expertise that connect animal producers and feed manufacturers around the world. With FMS, customers can manage complex business processes and optimize their operations, formulation, manufacturing and purchasing power to produce the highest-quality animal feed at the lowest total cost. FMS, a separate and distinct business owned by Cargill, is a Microsoft ERP Silver Partner and Gold Application Development Certified. For more information, visit: www.feedsys.com.
CONTACT: Timothy Loesch, 1-952-984-0646, Timothy_Loesch@cargill.com: or Louis de Schorlemer, 32-15-401-636, Louis_de_Schorlemer@cargill.com
Web Site: http://www.cargill.com