Cargill Acquisition To Take Advantage Of Central American Growth

US food giant Cargill has announced the acquisition of Central American meat producer Corporación Pipasa. The firm produces beef, pork, chicken and turkey and is described by Cargill as the leading poultry and meat processor in Costa Rica and Nicaragua. Its operations in include 12 distribution centres and five processing plants, and these will now be incorporated into Cargill's existing Central American operations. The acquisition can be seen as a positive indicator of the prospects of the Central American food sector, which has been identified as having high potential, thanks to immaturity and the prospect of rapid economic

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