Cargill’s history began in 1865 when William W. Cargill became a flat house proprietor. Two years later, William and his brother Sam, became partners and started a lumberyard. In 1868, Cargill and his wife Ellen moved to Minnesota and built his first flat house in the state.
Since W.W. Cargill’s foundation of the company, Cargill Incorporated has gone a long way, undergoing major developments and acquiring a number of companies to further its expansion.
In 1994, the company acquired InterMountain Canola, a company engaged in breeding special varieties of canola seeds for the production of more stable and healthier oils. In 1995, Cargill sold its broiler operations in the country to Tyson Foods and at the same time, it was able to acquire Tyson’s pork processing plant in Missouri.
Cargill’s acquisition of Akzo Salt Incorporated in 1997 made the company one of the biggest producers and marketers worldwide. In 1998, Cargill’s Memphis corn-milling plant launched its first barge specifically created to transport liquid sweeteners like corn syrup (high-fructose).
In 2001, Cargill acquired Rocco Enterprises, a company engaged in processing turkey, and Emmpak Foods Incorporated. In the same year, the company also acquired major marketer and producer Agribrands International. In 2002, Cargill dropped its original brand, “C,” for a new one. In the same year, the company acquired Europe’s Cerestar, and U.S.’s Taylor Packing.
In 2003, Cargill acquired chocolate companies Peter’s Chocolate and OCG Cacao. In 2004, IMC Global and Cargill Fertilizer combined efforts to form The Mosaic Co., a firm that is publicly traded. In the same year, Cargill’s Animal Nutrition division already had a total of 163 processing facilities in 22 different countries.
In 2005, Parkh Foods and Cargill India entered into an agreement to process and sell vegetable oil. In the same year, Cargill acquired Olpo, a Romanian company engaged in producing edible oil. The company also opened its first office in Dubai, UAE.
Currently, Cargill Incorporated is operating in five areas: food applications and ingredients, processing and origination, industrial, agricultural services, and financial and risk management. The company provides animal productivity solutions to the country’s commercial producers. It also extends its products and services in different parts of Asia and Europe. Cargill is also engaged in the production and distribution of biodiesel from a variety of feed stocks.
• Headquarters: Minnetonka, Minnesota
• Ownership Type: Private
• No. of Employees: 131,000 (2011)
• Geography: USA, Europe, Asia (India)
• Demography: commercial producers, commercial product consumers
Among Cargill’s brands worldwide are Diamond Crystal® , Delicia®, NatureFresh™ Oil, Wilbur® Chocolate, Liza™ Dressings and Oils, Purina® Feed, Nutrena®, Loyall™