Posted: Feb. 21, 2014, 3:50 p.m. EST
Cargill Inc., a multinational corporation headquartered in Minneapolis, is beefing up its pet food division with the acquisition of Pet Carousel.
The deal, which is expected to close around Feb. 28 at an undisclosed price, includes all of the pet treat manufacturer’s assets, including a 36,000-square-foot plant in Sanger, Calif.
Byproducts produced at Cargill’s beef, pork and turkey processing plants may be used in Pet Carousel’s treats and chews, Cargill spokesman Mike Martin said. Pet Carousel also will benefit from Cargill’s nationwide distribution channels.
The acquisition of Pet Carousel will complement Cargill’s existing California distribution and beef processing businesses.
The acquisition "makes sense,” Martin said.
There are no plans to rebrand any Pet Carousel products.
"Being affiliated with Cargill
will enable Pet Carousel to move to the next level of growth and development,” said Gary Becker, Pet Carousel’s founder and CEO.
Cargill gets to expand its pet offerings beyond food lines, adding such items as Roper chew ropes, Choo Hooves natural bones and chews, chicken and turkey jerky, and sweet potato and vegetable chews.
"From Cargill’s perspective, Pet Carousel has a lot to offer in the way of synergies with our existing animal protein and distribution businesses,” said John Niemann, president of Cargill Food Distribution in Wichita, Kan.
Pet Carousel President Troy Becker will continue to work out of the Sanger facility, which employs 25 full-time workers. He called the merger an opportunity for Pet Carousel to "showcase our natural pet products to more customers.”
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