US food and agricultural conglomerate Cargill has signed a deal to buy a meatpacking pant in Nebraska from Carneco Foods.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The site in Columbus produces frozen beef patties for the foodservice channel and enables Cargill to replace capacity lost after a plant in Arkansas was destroyed by fire in March.
A spokesperson for Cargill said the Columbus site employs 3-400 people and that the company is looking to take on more workers.
The deal should be finalised on 2 January although both sides have refused to disclose financial details surrounding the agreement.
The acquisition gives Cargill Meat Solutions, a division of Cargill, 23 plants in US.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
