Cargill’s $106 Million Acquisition of 100 % Campollo S.A.

Brigard Urrutia and Norton Rose Fulbright advised on the deal

Cargill has acquired Colombian-based CAMPOLLO, one of the country’s leading producers of chicken and protein products.

The acquisition marks the expansion of Cargill’s global protein business in Colombia after acquiring Pollos Bucanero in June 2017. CAMPOLLO has more than 20 years’ experience in the market and its products are a top choice among consumers and retailers across Colombia.

Jorge Ivan Duque, general manager of Cargill’s Pollos Bucanero, will continue leading Cargill’s expanded poultry business in Colombia. He has spent the past 13 years working in the poultry sector in Central America and Colombia. CAMPOLLO will expand Cargill’s protein business in Latin America, which includes businesses in Colombia, Costa Rica, Guatemala, Honduras and Nicaragua.

Cargill will welcome CAMPOLLO’s more than 2,500 employees, which will bring the number of total Cargill employees in Colombia to more than 7,500. Cargill Global Poultry has more than 35,000 employees across 14 countries.

Brigard Urrutia advised Cargill with Sergio Michelsen (Picture), Fernando Castillo, Susana Hidvegi, Ana Cortés, Luis Miguel Centanaro and Marcela Olarte.

Norton Rose Fulbright advised Campollo S.A. with Ana Cristina Jaramillo and Juan Manuel Ronderos.

Involved fees earner: Sergio Michelsen Jaramillo – Brigard & Urrutia; Fernando Alfredo Castillo – Brigard & Urrutia; Ana María Cortés – Brigard & Urrutia; Luis Miguel Centanaro – Brigard & Urrutia; Susana Hidvegi Arango – Brigard & Urrutia; Ana Cristina Jaramillo – Norton Rose Fulbright;

Law Firms: Brigard & Urrutia; Norton Rose Fulbright;

Clients: Cargill; Campollo S.A.;

Author: Ambrogio Visconti.