To advance its growth strategy in the Brazilian market, leading food provider Cargill has announced its binding offer to acquire 100% of the operations of Mig-Plus, a family-owned company specializing in animal nutrition solutions for multiple species, primarily swine and ruminants. Mig-Plus’ product portfolio that includes premixes, feed concentrates, and complete feeds.
The agreement between the parties has been formalized, and the completion of the transaction is subject to regulatory approval by the Administrative Council for Economic Defense (CADE), as well as the fulfillment of customary closing conditions.
Founded in 1991, Mig-Plus is headquartered in Casca, in the state of Rio Grande do Sul, and currently operates two facilities with approximately 450 employees.
Tadeu Migliavacca, CEO of Mig-Plus, emphasized the value this transaction will bring to customers, who will benefit from enhanced expertise, technology, and innovative solutions. He also highlighted the cultural alignment between the two companies as a key factor. “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 Migliavacca.
“We are confident in the results we will deliver directly to our customers, food producers, who stand to gain the most from this partnership,” added Flauri Migliavacca, co-founder of Mig-Plus.
According to Celso Mello, vice president of Cargill Animal Nutrition & Health in South America, Mig-Plus is a company that shares Cargill’s ethical and cultural principles. Located in a strategic region for swine production in Brazil, this acquisition will allow Cargill to be even closer to producers, while also creating meaningful opportunities for employees and customers.
“We are excited about this acquisition, which will leverage strong synergies between Cargill and Mig-Plus, including shared organizational values and complementary best practices in production, logistics, and market knowledge. Together, we will offer even more robust and efficient solutions to producers,” Mello said.
“Mig-Plus is a company we deeply admire for the legacy of its founders, the quality and performance of its products, and its commitment to customers. We have much in common and are eager to learn from each other. 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. This investment is yet another example of Cargill’s confidence in and commitment to growth in the Brazilian market,” concluded Adriano Marcon, president of Cargill Animal Nutrition & Health.
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Naresh Khanna – 10 February 2025
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