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Wichita's Cargill Meat Solutions Corp. names new president

2015-07-29 02:17:56| Food - Topix.net

Cargill Meat Solutions Corp. on Tuesday announced that John Keating has been named the new president of the Wichita-based division of Cargill Inc. His appointment is effective Aug. 1 and Keating will retain his current position as president of Cargill's beef business.

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Cargill Welcomes Clearance from European Commission for Purchase of ADM's Chocolate Business

2015-07-24 12:31:06| Industrial Newsroom - All News for Today

AMSTERDAM  The European Commission has granted conditional clearance for Cargill to acquire Archer Daniels Midland's (NYSE: ADM) chocolate business in Europe. Together with the approvals granted earlier by the US Department of Justice, this completes the regulatory approval process for the global deal. "The...

Tags: business purchase european commission

 
 

Cargill gains approval for ADM deal that includes Milwaukee's Ambrosia chocolate

2015-07-17 19:33:33| Food - Topix.net

About 245 workers at the Ambrosia chocolate plant in Milwaukee will move onto the payroll of Cargill Corp. through the close of a deal between the Minneapolis-based food processing company and Archer Daniels Midland Co. Cargill said Friday that the European Commission granted conditional clearance for the $440 million purchase from ADM announced in September 2014, the final regulatory hurdle for the transaction that includes the Ambrosia cocoa processing plant at 12500 W. Carmen Ave. Cargill acquires ADM's chocolate business, including plants in Pennsylvania, the U.K., Belgium and Germany.

Tags: includes deal approval chocolate

 

Cargill gains approval for ADM deal that includes Milwaukee's Ambrosia chocolate

2015-07-17 19:03:23| Agriculture - Topix.net

About 245 workers at the Ambrosia chocolate plant in Milwaukee will move onto the payroll of Cargill Corp. through the close of a deal between the Minneapolis-based food processing company and Archer Daniels Midland Co. Cargill said Friday that the European Commission granted conditional clearance for the $440 million purchase from ADM announced in September 2014, the final regulatory hurdle for the transaction that includes the Ambrosia cocoa processing plant at 12500 W. Carmen Ave. Cargill acquires ADM's chocolate business, including plants in Pennsylvania, the U.K., Belgium and Germany.

Tags: includes deal approval chocolate

 

EU conditionally clears Cargill purchase of ADM chocolate business

2015-07-17 15:54:00| Agriculture - Topix.net

The European Commission said on Friday that it had approved Cargill's $440 million acquisition of rival Archer Daniels Midland Co's global chocolate business, subject to conditions. The Commission said its investigation had shown the deal would reduce competition in an already concentrated market for industrial chocolate and risked increasing prices for customers located near the parties' German plants, especially small and medium-sized customers.

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