Cargill

Cargill is a global producer and marketer of food, agricultural, financial, and industrial products and services, established in 1865. The privately held company operates in 70 countries and employs around 155,000 people. Cargill serves a diverse clientele, including farmers, manufacturers, retailers, and governments, by providing a wide range of products such as grains, oilseeds, animal nutrition, and biofuels. In addition to its agricultural offerings, the company also delivers risk management solutions and various food and industrial products. Cargill is dedicated to fostering collaboration and innovation, leveraging its extensive global knowledge to address economic, environmental, and social challenges faced by its customers.

Brian Sikes

President and CEO

Past deals in Food Processing

Cubiq Foods

Corporate Round in 2022
Cubiq Foods, S.L., based in Barcelona, Spain, specializes in the production of cultivated fats, particularly focusing on adipose tissue, oils, and fats enriched with omega-3 fatty acids. The company serves industrial clients seeking sustainable and nutritional alternatives for food production. Utilizing advanced technological platforms, Cubiq Foods offers innovative solutions that replace saturated vegetable oils and animal fats with healthier options. Their key products include Cubiq Smart OMEGA-3 and Cubiq Smart Fat, which are designed to enhance food applications by providing a cultivated fat solution that imparts sustainable animal flavor while promoting healthier eating choices. Through these efforts, Cubiq Foods aims to contribute to the development of healthier food products for the industry.

Yuan Yao Nong Ye

Venture Round in 2021
Yuan Yao Nong Ye is a group of companies that mainly focuses on feeding raw materials in the agriculture and animal husbandry sector. It also has businesses in big data trade, biological fermentation, and industrial internet sectors.

Aalst Chocolate

Acquisition in 2021
Aalst Chocolate is a manufacturer based in Singapore, specializing in industrial chocolate products crafted from high-quality raw materials sourced from West Africa, South America, and Asia. The company employs advanced European technologies in its state-of-the-art facility, enabling the production of a diverse range of chocolate items. Aalst Chocolate focuses on creating customizable and tailor-made products, including chocolate couvertures and compounds, that cater to various sectors such as confectionery, bakery, food service, and consumer markets. Additionally, the company offers pâtissier chocolate and other premium options, ensuring high-quality ingredients are available at competitive prices.

Puris Proteins

Venture Round in 2019
Puris Proteins, LLC is a family-owned company that specializes in producing plant-based, non-GMO food ingredients for the food industry. Founded in 1985 and headquartered in Minneapolis, Minnesota, Puris operates additional facilities in Oskaloosa, Iowa; Randolph, Minnesota; Turtle Lake, Wisconsin; and Wilmington, Illinois. The company cultivates organic and non-GMO crops, providing sustainable alternatives to genetically modified organisms and animal proteins. Puris is recognized for its exclusive production of pea protein, starches, fibers, and various non-GMO ingredients derived from soy, pulses, lentils, and corn. Its commitment to quality ensures that its products are vegan, gluten-free, dairy-free, and allergen-free, catering to a growing demand for clean-label ingredients in the food manufacturing sector. With over 30 years of experience in non-GMO natural breeding, Puris maintains strong partnerships with domestic growers to support its mission of delivering pure and sustainable food solutions.

Aleph Farms

Series A in 2019
Aleph Farms Limited is an innovative food technology company based in Ashdod, Israel, specializing in cellular agriculture to produce clean meat. Founded in 2017, Aleph Farms focuses on sustainable food production by developing methods to grow animal products directly from non-genetically modified animal cells, utilizing proprietary three-dimensional bioprinting technologies. The company made significant strides in the industry by unveiling the world's first cultivated thin-cut steak in 2018, followed by the first cultivated ribeye steak in 2021 and cultivated collagen in 2022. Under its product brand Aleph Cuts, its inaugural offering, the Petit Steak, is crafted from non-modified cells sourced from a premium Angus cow, allowing production without animal slaughter. Aleph Farms has garnered recognition for its commitment to climate leadership, including a net zero pledge made in 2020, earning accolades from prominent organizations like the World Economic Forum and the United Nations.

Konspol Holding

Acquisition in 2018
Konspol Holding Sp. z o.o. is a prominent producer and processor of chicken and chicken products based in Poland, with its operations centered in Nowy Sacz and Slupca. Established in 1982, the company specializes in a diverse range of offerings, including fresh chicken meat, sausages, pates, ready meals, grill products, and light and gluten-free sausages. Its product portfolio also features breaded chicken fries, chicken fillet nuggets, and baked chicken wings, catering to various consumer preferences and dietary needs. As of January 2019, Konspol operates as a subsidiary of Cargill PLC, enhancing its capabilities in the poultry industry.

Puris Proteins

Series D in 2018
Puris Proteins, LLC is a family-owned company that specializes in producing plant-based, non-GMO food ingredients for the food industry. Founded in 1985 and headquartered in Minneapolis, Minnesota, Puris operates additional facilities in Oskaloosa, Iowa; Randolph, Minnesota; Turtle Lake, Wisconsin; and Wilmington, Illinois. The company cultivates organic and non-GMO crops, providing sustainable alternatives to genetically modified organisms and animal proteins. Puris is recognized for its exclusive production of pea protein, starches, fibers, and various non-GMO ingredients derived from soy, pulses, lentils, and corn. Its commitment to quality ensures that its products are vegan, gluten-free, dairy-free, and allergen-free, catering to a growing demand for clean-label ingredients in the food manufacturing sector. With over 30 years of experience in non-GMO natural breeding, Puris maintains strong partnerships with domestic growers to support its mission of delivering pure and sustainable food solutions.

Puris Proteins

Venture Round in 2018
Puris Proteins, LLC is a family-owned company that specializes in producing plant-based, non-GMO food ingredients for the food industry. Founded in 1985 and headquartered in Minneapolis, Minnesota, Puris operates additional facilities in Oskaloosa, Iowa; Randolph, Minnesota; Turtle Lake, Wisconsin; and Wilmington, Illinois. The company cultivates organic and non-GMO crops, providing sustainable alternatives to genetically modified organisms and animal proteins. Puris is recognized for its exclusive production of pea protein, starches, fibers, and various non-GMO ingredients derived from soy, pulses, lentils, and corn. Its commitment to quality ensures that its products are vegan, gluten-free, dairy-free, and allergen-free, catering to a growing demand for clean-label ingredients in the food manufacturing sector. With over 30 years of experience in non-GMO natural breeding, Puris maintains strong partnerships with domestic growers to support its mission of delivering pure and sustainable food solutions.

Diamond V

Acquisition in 2017
Diamond V is a global, research-focused company based in Cedar Rapids, Iowa, dedicated to developing natural products that enhance nutrition, health, and performance in both food and companion animal species. The company leverages its expertise in microbial fermentation technologies to create innovative animal feed additives. These products cater to a wide range of species, including poultry, swine, dairy, equine, beef, and aquaculture. By applying rigorous research and species-specific knowledge, Diamond V aims to provide effective and profitable solutions for its customers worldwide.

Five Star Custom Foods

Acquisition in 2016
Five Star Custom Foods, Ltd. is a Texas-based company specializing in the production of cooked meat products, including meat crumbles, diced meats, and kettle-cooked items. Established in 1999 and headquartered in Fort Worth, the company offers a diverse range of products such as IQF meat crumbles for pizza toppings, Italian sausage, meatballs, and various types of diced meats like beef and Canadian bacon. Additionally, Five Star Custom Foods produces an array of kettle-cooked products, including chili, taco meat, soups, quesos, and enchilada sauces. The company serves both the food service and food manufacturing sectors by providing custom prepared soups and sauces. Five Star Custom Foods also operates a processing plant in Nashville, Tennessee, further enhancing its capacity to meet customer needs. It is a subsidiary of Cargill, Incorporated.

Format International

Acquisition in 2015
Format International Ltd., founded in 1980 and based in Woking, United Kingdom, develops and markets software solutions tailored for feed management, optimization, formulation, and ingredient allocation. The company serves various industries including animal feed, aqua feed, pet food, human food, premix, and similar sectors. Format International specializes in the design, authoring, and marketing of these software solutions.

Multiexport Foods

Multiexport Foods S.A. is a Chilean company engaged in the production and distribution of seafood products, specializing in Atlantic salmon, mussels, and salmon trout, as well as a range of smoked seafood items. Founded in 1983 and based in Puerto Montt, Chile, the company was formerly known as Aquafarms S.A. and rebranded to its current name in May 2007. Multiexport Foods emphasizes the responsible and sustainable cultivation of its seafood, aiming to provide high-quality products that are nutritious and accessible to a diverse customer base. As a subsidiary of Multiexport Dos S.A., Multiexport Foods operates with a commitment to environmental stewardship while fostering enjoyable culinary experiences for consumers worldwide.
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