As one of the world’s largest privately held companies, Cargill has holdings in multiple industries across the globe.
Its global footprint is far-reaching and its business activities span from agriculture to transportation, financial services to biotechnology.
But what companies does Cargill actually own?
From food manufacturers to energy facility operators and fertilizer makers to telecommunication providers, there are numerous organizations with direct connections to this powerful force in international business.
In this blog post, we’ll be looking at some of these subsidiaries and exploring how each of them contributes not only to Cargill but also broadens their scope even further.
So, if you’ve ever wanted a deeper look into how versatile this leading corporation truly is then buckle up because it’s time for an inside tour!
Who Owns Cargill?
While the family of William Cargill was the initial founding family, today the Cargill-MacMillan family still maintains significant control of the company.
In addition to the family, the company is owned by employees who hold shares in the corporation.
With over 150,000 employees across the globe, Cargill’s ownership structure reflects the values of teamwork and shared success that have been key to the company’s success for over 155 years.
What Companies Does Cargill Own?
As one of the largest privately held corporations in the United States, Cargill has a significant presence in many industries.
While it may be known for its role in agriculture, Cargill also owns companies in sectors such as energy, transportation, and food and beverage.
Some of the companies under the Cargill umbrella include Black River Asset Management, Diamond Crystal Brands, and Dressings and Sauces.
With a portfolio that spans many diverse industries, Cargill’s ownership of various brands and businesses underscores its status as a powerhouse in the American economy.
Cargill’s expansive portfolio of companies encompasses a wide variety of industries. From food to energy, the Cargill family of businesses touches nearly every aspect of everyday life:
1. Black River Asset Management
Black River Asset Management is a private equity firm that focuses on investing in agricultural and food-related businesses.
It was established as an arm of the Cargill family in 2006. Black River has been instrumental in helping to grow the Cargill empire, investing in smaller companies and providing them with capital and strategic guidance to help them reach their full potential.
In addition to its agricultural investments, Black River also focuses on investing in food- and nutrition-related companies.
2. Diamond Crystal Brands
Diamond Crystal Brands is a leading global manufacturer and distributor of branded food products.
It was acquired by Cargill in 2017 and operates under the Cargill umbrella.
The company produces a variety of products, including salad dressings, sauces, condiments, and other food-related items.
Diamond Crystal Brands operates in the United States, Canada, Europe, and China.
3. Dressings and Sauces
Dressings and Sauces is a subsidiary of Cargill that produces dressings and sauces for restaurants as well as for retail stores.
The company’s products are available in more than 80 countries and are sold under the brand names of Wish-Bone, Marie’s, Ken’s, and others.
Dressings and Sauces offers a full range of dressings and sauces for retail stores as well as custom formulations for restaurant clients.
4. Purina Animal Nutrition
Purina Animal Nutrition is a global leader in animal feed and nutrition.
The company was acquired by Cargill in 2001 and provides a wide range of products including specialty feeds, pet foods, livestock feeds, and other nutritional products for animals.
Purina also offers consulting services to help farmers maximize their yields and ensure the health of their animals.
5. Cargill Grain and Oilseed Supply Chain
The Cargill Grain and Oilseed Supply Chain division is responsible for the sourcing, processing, storage, transportation, and marketing of grains, oilseeds, wheat products, and other commodities.
The company also provides risk management services for customers through its financial solutions program.
The division operates in more than 30 countries and is the world’s largest supplier of grains and oilseeds.
6. Cargill Protein Group
The Cargill Protein Group is one of the world’s leading providers of protein products, including beef, pork, turkey, eggs, seafood, cheese, and other dairy products.
The group has operations in North and South America, Europe, Australia, and Asia. The company processes more than three million tons of protein each year.
7. Cargill Agribusiness
Cargill Agribusiness provides a range of products and services to help farmers grow their businesses.
The division offers feed ingredients, crop inputs, risk management services, and agricultural technology solutions.
Cargill Agribusiness works with farmers to develop customized plans that maximize their yields and profitability.
8. Cargill Salt
Cargill Salt is the world’s leading supplier of salt products, including mineral salts for food processing, livestock feed, and other industrial uses.
The company produces more than 3 million tons of salt annually and ships it to customers in more than 80 countries.
Cargill Salt also offers consulting services for food processors, helping them reduce waste, lower costs, and improve food safety.
9. Cargill Animal Nutrition
Cargill Animal Nutrition is a leading provider of animal nutrition products and services.
The division offers feed ingredients, premixes, nutrition services, and animal health products.
Cargill Animal Nutrition works with its customers to develop customized solutions that help maximize their yields and profits.
The company has operations in more than 70 countries.
10. Dreyfus Commodity Services
Dreyfus Commodity Services is a global commodity trading and risk management company.
The division provides services to agricultural traders, processors, manufacturers, and other customers around the world.
Dreyfus offers market analysis, price forecasting, hedging strategies, and margin financing solutions.
The division also invests in commodities markets on behalf of its clients.
11. The Cargill-MacMillan Center for International Business
The Cargill-MacMillan Center for International Business is a joint venture between Cargill and MacMillan Inc.
The center provides global agribusiness executives with the tools and knowledge to conduct successful operations in international markets.
The center offers seminars, workshops, and executive education courses on topics such as market analysis, risk management, and global sales.
12. Cargill Risk Management
Cargill Risk Management is a leader in providing risk management solutions to customers around the world.
The division helps companies manage their exposure to financial risks such as credit, currency, interest rate, energy, and commodity price volatility.
Cargill also provides consulting services to help its customers develop tailored strategies for managing their risks.
13. Cargill Value Chain Solutions
Cargill Value Chain Solutions is a division of Cargill that provides services to companies looking to improve their performance and efficiency across multiple supply chain stages.
The services include supply chain planning, logistics optimization, inventory management, and customer service support.
The division also works with customers to develop and implement strategies that will help them achieve their business goals.
14. Cargill Financial Services
Cargill Financial Services is a global provider of investment banking, wealth management, and financial advice.
The division offers services such as asset allocation, portfolio construction, debt advisory, capital raising, merger & acquisition advisory, and structured finance.
Cargill Financial Services also provides clients with access to its proprietary suite of analytical tools and resources.
15. Cargill Strategic Alliances
Cargill Strategic Alliances is a group focused on helping clients develop strategic relationships that will drive business growth.
The team works with organizations across industries such as agriculture, health care, energy, and technology to help them identify potential new partners and develop collaborative initiatives.
The division also assists clients in negotiating terms and closing deals with strategic partners.
16. The Mosaic Company
The Mosaic Company is a wholly owned subsidiary of Cargill that manufactures and markets crop nutrients, such as fertilizer.
The company supplies its products to farmers and agricultural professionals around the world.
The firm also provides services such as on-farm testing and soil analysis, nutrient monitoring, crop consulting, and yield optimization.
Additionally, it offers data-driven insights for customers to maximize yield and quality.
17. Cargill Meat Solutions
Cargill Meat Solutions is a leading processor of beef, pork, and poultry products in the United States.
The company offers a wide range of fresh and frozen meat items for retail, food service, and industrial customers.
Cargill Meat Solutions also provides custom solutions to meet customer needs such as brand building, product development, process improvements, and supply chain optimization.
18. Cargill Animal Nutrition
Cargill Animal Nutrition is a leading global supplier of animal nutrition products and services to customers across the world.
The company offers an extensive portfolio of feed ingredients, premixes, minerals, vitamins, specialty feed additives, and protein sources.
Cargill Animal Nutrition also provides nutritional expertise and consultative services to ensure the health and productivity of animals.
19. Cargill Process Technologies
Cargill Process Technologies provides advanced process technologies, automation solutions, and digital services that enable customers to achieve operational excellence.
The division offers a wide range of solutions for food, beverage, nutrition, animal nutrition, pharma & biotech, personal care & homecare, and industrial customers.
Cargill Process Technologies also offers proprietary ingredients, such as emulsifiers, hydrocolloids, texturizers, stabilizers, proteins, and more.
Additionally, the company provides turnkey engineering solutions for process improvement projects.
20. Cargill Aqua Nutrition
Cargill Aqua Nutrition is a leading producer of aquaculture feed for farmed fish and shrimp.
The division offers a wide range of products that address the nutritional needs of fish and shrimp at each stage of their development cycle.
Cargill Aqua Nutrition also provides tailored solutions to meet specific customer needs, such as species-specific diets, specialty formulas, and functional ingredients.
In addition, the company supports customers with technical services, nutrition advice, and research and development initiatives.
21. Cargill Bioindustrial
Cargill Bioindustrial produces biobased solutions to help create value from renewable resources.
The division offers products for industrial applications, such as surfactants, lignin extractives, emulsifiers, polymer additives, and specialty chemicals used in oilfield applications.
22. Origin Food Group
Origin Food Group is a leading producer of food ingredients, including starches, syrups, flavors, and seasonings.
The division provides custom solutions to meet customer needs while offering innovative products that help increase efficiency in the kitchen.
Origin Food Group also offers traceability systems that provide customers with detailed information about the product’s origin and quality assurance processes.
23. Cargill Protein Solutions
Cargill Protein Solutions provides a range of protein-rich foods and ingredients, such as beef, pork, poultry, seafood, and plant proteins.
The division provides an array of products to meet the nutritional needs of consumers around the world.
Cargill Protein Solutions also offers value-added services that help customers improve product quality and reduce costs.
24. Cargill Trading & Structuring Solutions
Cargill Trading & Structuring Solutions provides a variety of risk management and financial services for the commercial grain, oilseed, meat, and cocoa markets.
The division also offers advanced analytical tools to help customers manage their business in a more strategic way.
In addition, it provides integrated solutions for global sourcing and trading needs.
25. Cargill Ag Horizon
Cargill Ag Horizon offers a comprehensive range of agricultural products and services, including crop protection, fertilizers, seeds, and feed.
The division also provides market intelligence to help farmers make better decisions about their cropping systems.
In addition, it helps customers develop sustainable farming practices that drive economic growth while preserving the environment.
26. Cargill Advanced Ingredients
Cargill Advanced Ingredients provides a wide range of ingredients, such as starches, proteins, emulsifiers, and sweeteners.
The division also offers customized solutions to meet specific customer requirements in the food and beverage industry.
In addition, it helps customers reduce their environmental footprint through sustainable practices.
When Was Cargill Founded?
Cargill was founded in 1865 by William Cargill, a Scottish immigrant, as a grain storage company.
Today the company is a global leader in agriculture and food products with operations spanning more than 70 countries.
With over 155 years of experience in the business, Cargill is one of the oldest and most successful companies of its kind.
Who is the CEO of Cargill?
The CEO of Cargill is David MacLennan, a seasoned executive with over two decades of experience in the company.
MacLennan has held various leadership positions in Cargill, including Chief Financial Officer and Chief Operating Officer before taking on the role of CEO in 2013.
Under his leadership, Cargill has continued to thrive and expand its global reach, driven by its mission to nourish the world in a safe, sustainable, responsible, and affordable manner.
With MacLennan’s strategic vision and leadership, Cargill is poised to continue leading the industry for years to come.
What is Cargill’s Net Worth?
As of 2023, Cargill’s net worth is estimated to be well over $70 billion.
While this staggering number may be hard to fully grasp, it’s a true testament to the company’s hard work, dedication, and willingness to innovate in the ever-changing food industry.
With such impressive financials, it’s no wonder Cargill is positioned to remain a top player for years to come.
It’s also worth noting that Cargill is a privately held company, meaning the public does not have access to its financials and it cannot be bought or sold on the stock market.
This means Cargill will remain in the hands of its owners for generations to come.
Where is the Headquarters of Cargill?
Cargill, a global food corporation, has its headquarters located in Minnesota, specifically in the city of Minneapolis.
The company was founded back in 1865 and has since grown to be one of the largest privately held companies in the world.
With operations in over 70 countries and a diverse portfolio of products ranging from agricultural commodities to animal feed and food ingredients, Cargill is a key player in the food industry.
Their headquarters in Minneapolis is a hub of innovation where they work on developing new solutions to meet the ever-changing needs of their customers.
From this location, Cargill’s global network of employees works tirelessly to meet the company’s mission of feeding the world in a sustainable manner.
What is the Annual Revenue of Cargill?
Cargill’s revenue for the 2023 fiscal year was $177 billion.
That’s a staggering amount, and it speaks to the company’s success and longevity.
With origins dating back more than 150 years, Cargill has weathered countless challenges and shifts in the global market.
Through it all, they’ve remained a leader in agriculture, food, and logistics – and their revenue reflects that.
It’s clear that Cargill is a powerhouse in their industry, and it will be exciting to see what they accomplish in the future.
How Many Employees Does Cargill Have?
Cargill is a multinational corporation and it is estimated that Cargill employs over 160,000 people worldwide.
These employees work in various sectors of the company, including agriculture, food production, and financial services.
Despite its size, Cargill remains committed to its values and dedication to sustainable practices.
In fact, the company’s mission statement specifically mentions the importance of treating employees with respect and helping to foster their professional growth.
Overall, it is clear that Cargill is a company that values its employees and recognizes their critical role in its success.
Final Thoughts
As demonstrated, Cargill is an extensively large and globally powerful company. Having started in 1865, they have grown to become a significant player in the agricultural industry.
It is composed of two dozen companies that support its many divisions including ocean transportation, sugar refining, cattle feedlots, crop insurance, grain milling, and much more.
It has many subsidiaries worldwide with its headquarters located in Minnesota.
The diversity of Cargill’s empire proves it to be one of the leading companies worldwide and a key component of many international markets.
FAQs
What is Cargill?
Cargill is a multinational corporation specializing in agriculture, food production, and financial services.
What Industries Does Cargill Operate in?
Cargill operates primarily in three sectors: agriculture, food production, and financial services.
Does Cargill have a Commitment to Sustainability?
Yes, Cargill has a long-standing commitment to sustainability. Cargill has invested in research to address the environmental impacts of its operations.
What is Cargill’s Approach to Employee Development?
Cargill takes a holistic approach to employee development to help them grow both professionally and personally.