🠈  Cargill  🠊

Cargill

• 1865: William Wallace Cargill bought a grain flat in Conover, Ia. They began expanding and included lumber.
• 1875: Cargill relocated his business to La Crosse, Wi.
• 1888: William, James, and Sam Cargill form Cargill Brothers.
• 1890: Cargill rebranned as Cargill Elevator Company with headquarters in Minneapolis, Mn.
• 1909: William Cargill died and his son in law John Hugh MacMillan took control of Cargill.
• 1922: Cargill opened an office in NYC.
• 1928: Cargill opened offices in Canada, followed by offices in Latin America and Europe.
• 1936: Cargill merged operations into Cargill, Incorporated.
• 1938: The Chicago Board of Trade suspended Cargill with accusations of trying to corner the corn market.
• 1945: Cargill acquired Nutrena Feeds which offered poultry and animal feeds.
• 1953: Cargill opened the Swiss subsidiary Tradax. to expand into Europe.
• 1967: Cargill acquired a wet corn mill in Cedar Rapids, Ia.
• 1974: Company purchased the turkey processing division from Ralston Purina.
• 1974: Cargil acquired a cattle feedlot operated named Caprock Industries.
• 1974: Cargill acquired North Star Steel Company.
• 1975: Cargill acquired Hohenberg Bros. Company which marketed cotton.
• 1979: Cargill acquired the beef processor MBPXL Corporation which it later rebranded as Excel Corporation.
• 1981: Cargill acquired the commodity trader Ralli Bros. and Coney based in the UK.
• 1992: Cargill implemented an employee stock ownership plan which allowed some family members to sell their shares.
• 1997: Cargill acquired the salt producer Akzo Nobel NV.
• 1999: Cargill acquired storage, transport and trading operations of Continental Grain Company..
• 2000: Cargill acquired Agribrands International which manufactures animal feed for $580M³

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References:

1. Funding Universe - Cargill (Drawn 12/29/2022)
2. Wikipedia - Cargill (Drawn 12/29/2022)
3. LA Times - Cargill acquires Agribrands (Drawn 12/29/2022)

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