Cargill acquires Diamond V

Cargill has announced the acquisition of Iowa-based animal nutrition company Diamond V.

Diamond V has been a leader in the development of microbial fermentation products for animal nutrition and health. Cargill says the acquisition will enable its animal nutrition business to better serve customers who are increasingly turning to “natural technologies”. It says natural immune support products in animal feed—like natural health supplements for people—are increasingly being used to improve immunity and digestive health.

The company says Diamond V’s headquarters will remain in Cedar Rapids, Iowa.

Terms of the deal were not disclosed. The transaction is expected to close in January 2018.

Link to Cargill news release

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