Deals
Cargill CEO Looks for Big Deals to Tap Health-Conscious Consumer
- CEO looking to serve growing demand for alternative proteins
- Still, MacLennan prefers not to load balance sheet with debt
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Cargill Inc. Chief Executive Officer David MacLennan says he’s open to major acquisitions as the largest closely held U.S. company looks to tap growing demand for alternative proteins.
The world’s top supplier of ground beef and second-biggest U.S. beef packer plans to expand with so-called value-added products like probiotics and prebiotics, MacLennan said in an interview taped to air next month on Bloomberg Television’s Commodities Edge show.