Cargill's move into farmed salmon production is a sign of much bigger ambitions, analysts say

Global feed giant sees Multi X as a way into the US market for its fledgling seafood production division.

Dave MacLennan, Cargill CEO. Cargill unveiled its move to take a stake in Chilean salmon farmer Multi X under separate deals worth more than $300 million combined.
Dave MacLennan, Cargill CEO. Cargill unveiled its move to take a stake in Chilean salmon farmer Multi X under separate deals worth more than $300 million combined.Photo: Cargill
Published 21 March 2022, 07:00Updated 21 March 2022, 16:37
Farmed salmonCargillMergers & AcquisitionsEWOSLand-based salmon