What company owns Cargill?
Cargill family
Cargill remains a family-owned business, as the descendants of the founder (from the Cargill and MacMillan families) own over 90% of it….Cargill.
| Cargill Malt in Sheboygan, Wisconsin | |
|---|---|
| Net income | US$3.103 billion (2018) |
| Total assets | US$59.475 billion (2018) |
| Owner | Cargill family (88%) |
| Number of employees | 166,000 (2019) |
When was Cargill established?
1865, Conover, Iowa, United States
Cargill/Founded
Why is Cargill private?
Cargill is the largest private company in the United States. Since its founding in 1865 by William W. Cargill, the company has maintained its status as a private company mainly owned by family heirs.
What is Cargill known for?
Minneapolis-based Cargill is one of the world’s top producers and distributors of agricultural products such as sugar, refined oil, cotton, chocolate, and salt. Founded in 1865 by William Cargill, it has remained in the family ever since. The company’s descendants own more than 90% of the company today.
Where are the Cargill headquarters in Minnetonka MN?
The headquarters of Cargill are located in Minnetonka and are in the Wayzata Post Office area. Founded in 1865, Cargill is the largest privately held corporation in the U.S. in terms of revenue. Other companies based in Minnetonka include the uniform companies AmeriPride Services and G&K Services .
Are there any private companies in Minnetonka MN?
Founded in 1865, Cargill is the largest privately held corporation in the U.S. in terms of revenue. Other companies based in Minnetonka include the uniform companies AmeriPride Services and G&K Services .
When did Cargill start the meat processing business?
In 1979, Cargill entered the meat-processing business with the purchase of beef processor MBPXL (later Excel). The division expanded into turkey, food service and food distribution businesses and is now known as Cargill Meat Solutions .
Who are the current owners of Cargill Corporation?
MacMillan worked to resolve the credit issues and to force his brother-in-law William S. Cargill out of the company. The current owners are descended from John MacMillan’s two sons, John H. MacMillan, Jr., and Cargill MacMillan, Sr., and his youngest brother-in-law, Austen S. Cargill I. John MacMillan ran the company until his retirement in 1936.