Cargill has completed its acquisition of feed producer Ewos, for €1.35 billion ($1.5 billion).
In August, Cargill entered into an agreement with Altor Fund III and Bain Capital Europe III to acquire Ewos. The deal closed today after meeting all necessary country regulatory approvals.
As part of the deal, Einar Wathne, Ewos' chief executive officer, will continue in his leadership role under Cargill ownership and assume responsibility as president of Cargill Aqua Nutrition.
In his role, Wathne will be based in Bergen, Norway, and be part of the Cargill Animal Nutrition leadership team, along with Sarena Lin, president of Cargill Feed & Nutrition, and David Webster, president of Cargill Premix & Nutrition.
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