Cargill strengthens Brazilian feed business with Mig-Plus acquisition

BRAZIL – Cargill has made a binding offer to acquire 100% of Mig-Plus, a family-owned Brazilian company specialising in animal nutrition, in a move set to deepen its reach in Brazil’s vital livestock sector. 

The deal, announced in late July, underscores Cargill’s strategy to grow its presence in South America’s swine and ruminant feed markets.

The acquisition, which is subject to regulatory approval by the Administrative Council for Economic Defense (CADE) and standard closing conditions, will see Cargill take full ownership of Mig-Plus’ operations. 

Mig-Plus, founded in 1991 and headquartered in Casca, Rio Grande do Sul, operates two production facilities and employs approximately 450 people.

Mig-Plus’ location in one of Brazil’s most important swine production regions is a key attraction for Cargill, as it seeks to move closer to producers while enhancing its service offering. 

The company’s product range spans premixes, feed concentrates, and complete feeds for multiple species, primarily pigs and ruminants.

“This acquisition will allow Cargill to be even closer to producers, while also creating meaningful opportunities for employees and customers,” said Celso Mello, Vice President of Cargill Animal Nutrition & Health in South America. 

“We are excited about this acquisition, which will leverage strong synergies between Cargill and Mig-Plus, including shared organisational values and complementary best practices in production, logistics, and market knowledge.”

Mello emphasised that the partnership would deliver even more robust and efficient solutions to producers.

A Cultural and Strategic Fit

The cultural alignment between the two companies was a recurring theme in statements from both sides.

“Both companies share a common purpose and values. The care Cargill demonstrates for people gives us confidence throughout this process. Caring for people has always been part of Mig’s legacy,” said Tadeu Migliavacca, CEO of Mig-Plus.

Flauri Migliavacca, co-founder of Mig-Plus, echoed that sentiment, noting that the Brazilian company is confident in the results it will deliver directly to customers and food producers who stand to gain the most from this partnership.

Adriano Marcon, President of Cargill Animal Nutrition & Health, called the move “yet another example of Cargill’s confidence in and commitment to growth in the Brazilian market.”

“We deeply admire Mig-Plus for the legacy of its founders, the quality and performance of its products, and its commitment to customers. By combining our innovation capabilities and integrated solutions approach with unique products, technical-commercial teams, and decision-making tools, we will enhance our ability to improve customer outcomes,” Marcon said.

If approved, the acquisition will mark another milestone in Cargill’s expansion of its animal nutrition business and solidify its standing in Brazil’s competitive feed industry.

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