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Minneapolis and Crevin, France Jan. 6, 2014 Cargill has sold its Provimi businesss Zootech brand and French veterinary sales division to Bimeda, a leading manufacturer and distributor of veterinary pharmaceuticals and animal health products. The terms of the agreement were not disclosed.The transaction closed Dec. 20, 2013, with the transfer effective Jan. 1, 2014.

The sale of this sales division in France is consistent with Cargill Animal Nutritions strategy of sharpening its focus on its core animal nutrition solutions and premix activities and concentrating on product lines where it can bring the most value to customers.

The two firms have agreed that Cargills Provimi business will continue to manufacture ruminant bolus products for Bimeda, activities that are core to Cargills animal nutrition business in France.

By exiting this non-core business we are able to better position our business in France to capitalize on growth opportunities in the animal nutrition industry, said Mark Poeschl, vice president and group director for Cargills Provimi business. In addition, Bimeda offers better opportunities for Zootech employees because it is better aligned with Bimedas core business activities.

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