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Cargill

February 20, 2015

Corporate anniversaries are a chance for businesses to get nostalgic and celebrate the fact they’re still standing, so looking ahead to 2015, CampdenFB has pulled together a list of family businesses around the world celebrating round numbers this year.

Corporate anniversaries are a ripe for businesses to get nostalgic and celebrate the fact they’re still standing, so looking to the year ahead, CampdenFB has pulled together a list of family businesses around the world celebrating round numbers in 2015.

June 26, 2013

Family business should not be confused with small business in the US

Size matters in the US, which is home to some of the world’s biggest family businesses. The country’s five largest family-controlled firms – Walmart, Ford, Cargill, Koch Industries and Comcast – had combined revenues of $911.9 billion (€694.8 billion) in 2012, more than Indonesia’s GDP.

October 15, 2012

It’s been a good start to the week for two family businesses in Europe, with logistics company Kuehne+Nagel and fashion retailer H&M posting revenue increases, while agricultural giant Cargill recently saw its profits grow by 300%.

It’s been a good start to the week for two family businesses in Europe, with logistics company Kuehne+Nagel and fashion retailer H&M posting revenue increases, while agricultural giant Cargill recently saw its profits grow by 300%.

Switzerland-based Kuehne+Nagel said on 15 October that revenues rose by 12.4% to CHF3.9 billion (€3.2 billion) during the quarter to 30 September. This was mainly thanks to good performances at the company’s seafreight and airfreight divisions.

August 15, 2012

The family behind shopping centre chain Westfield may be sitting pretty after reporting a big jump in earnings for the first half of this year, but the mood at family-controlled News Corp, Cargill and Bombardier will likely be subdued due to poor results.

The family behind shopping centre chain Westfield may be sitting pretty after reporting a big jump in earnings for the first half of this year, but the mood at family-controlled News Corp, Cargill and Bombardier will likely be subdued due to poor results.

April 12, 2012

Despite tough market conditions, three family businesses from different parts of the world have posted relatively strong quarterly and annual results this week.

Despite tough market conditions, three family businesses from different parts of the world have posted relatively strong quarterly and annual results this week.

European pharmaceutical giant Roche, controlled by the founding family, saw sales for the first quarter of 2012 fall by 1% to CHF11 billion (€9.15 billion) due to the strength of the Swiss franc. However, revenues at constant exchange rate rose by 2%, the Basel-based company said on 12 April.

November 17, 2011

Cargill MacMillan Jr, the billionaire heir to the Cargill family fortune, died on 14 November at his home in Indian Wells, California, at the age of 84.

Cargill MacMillan Jr, the billionaire heir to the Cargill family fortune, died on 14 November at his home in Indian Wells, California, at the age of 84.

The great-grandson of the founder of the eponymous company, which is today the world’s largest agricultural commodities trader, MacMillian began at the family business in 1950 as a trainee. He later held various positions across the group’s offices before moving to California.

August 16, 2011

Family-controlled Cargill, the world’s largest agricultural commodities trader, plans to acquire animal feed company Provimi, taking advantage of its strong cash position.

Family-controlled Cargill, the world’s largest agricultural commodities trader, plans to acquire animal feed company Provimi, taking advantage of its strong cash position.

Minneapolis-based Cargill, controlled by the Cargill and MacMillan families, said on 15 August that it is buying Provimi, currently owned by a private equity fund, for €1.5 billion.

August 10, 2011

Cargill, the world's largest agribusiness company, achieved a strong rise in net profit for the year to the end of May, despite reporting a 7% year-on-year fall in earnings during the fourth quarter.  

Cargill, the world's largest agribusiness company, achieved a strong rise in net profit for the year to the end of May, despite reporting a 7% year-on-year fall in earnings during the fourth quarter.

The company, which is controlled by 80 members of the Cargill and MacMillan families, released its fourth quarter and 2011 fiscal results yesterday (9 August), reporting earnings of $404 million from continuing operations during the quarter, down from $435 million in the same period a year ago.

January 19, 2011

Cargill, the world’s largest agricultural commodities trader, will sell its shares in fertiliser company Mosaic, in a move designed to ensure the company remains 100% privately owned.

Cargill, the world's largest agricultural commodities trader, will sell its shares in fertiliser company Mosaic, in a move designed to ensure the company remains 100% privately owned.  

Founded nearly 150 years ago, the Minnesota-based company is still controlled by around 80 members of the Cargill and MacMillan families. The company said in a statement that the Mosaic transaction would help it accomplish the objective of "maintaining its status as a private company".

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