In a February 7th announcement, Cargill will purchase two case-ready meat plants located in North Kingstown, RI. and Camp Hill, PA. from subsidiaries owned by Ahold-Delhaize, a multinational food retailer with an extensive presence in the U.S.
The plants are currently operated by Cargill and the divestment is logical based on the respective businesses of the two parties. Hans Kabat, president of Cargill. North American Protein Segment stated, “With this investment we look forward to our continued partnership with Ahold Delhaize USA while bringing additional high-quality case-ready products to new retail customers. J. Fleeman CEO of Ahold-Delhaize USA stated, “By aligning these facilities with a company that specializes in meat production, we can continue to provide quality products to our brands’, quality products to our customers and increase our focus on being a leading omnichannel retailer.”