Cargill to enter salmon feed market with purchase of EWOS from Altor and Bain Capital 1.35 billion euro deal creates a global leader in aquaculture nutrition

MINNEAPOLIS and BERGEN, Norway, Aug. 17, 2015 /PRNewswire/ -- Cargill has entered into an agreement with Altor Fund III and Bain Capital Europe III to acquire EWOS, a global leader in salmon nutrition for 1.35 billion euros. The transaction, which is subject to regulatory approvals, is expected to close before the end of the calendar year. "This transaction, which is significant and the second aquaculture acquisition Cargill has announced in as many months, is a strategic investment in our long-term growth and evidence of our commitment to the growing aquaculture industry," said David MacLennan, Cargill president and CEO. The acquisition gives Cargill entry into the salmon market and...