Cargill sets up new supply agreements for Canada

By staff reporter

- Last updated on GMT

Ingredients giant Cargill last week finalized agreements with three
of Canada's leading food distributors.

The distributors – L.V. Lomas Limited, Nealanders International Inc. and Univar Canada – will supply manufacturers with products from Cargill's Texturizing Solutions and Sweetness Solutions divisions.

"We believe that we can better serve Canada's diverse and geographically vast food industry by partnering with strong, nationally-focused distributors," said Mark Brewster, senior account manager for Cargill Limited in Canada.

"These distributors have their own unique sets of food ingredient expertise and value-added services to provide customer solutions and innovations for all types and sizes of food manufacturing companies in Canada."

L.V. Lomas has four locations in Canada and will be responsible for Cargill starches, specialty texturizing blends, maltodextrins, dextrins, glucose solids, polyols, trehalose, isomaltulose and sucromalt.

Nealanders International will distribute Cargill soy flour, textured soy, flavored textured soy, soy lecithin and sunflower lecithin.

The firm is headquartered in Toronto, with additional locations in Montreal and Vancouver.

Univar Canada, based in Vancouver, will distribute Cargill xanthan gum, pectin, carrageenan, alginates and specialty texturing blends.

The company has 20 locations across Canada.

Earlier this month, Cargill announced the appointment of a new chief executive officer, effective June 1 2007.

The firm's chairman and CEO Warren Staley will be succeeded by Gregory Page, who will take on the role of CEO and president of the leading agricultural firm.

In August Cargill reported strong earnings for its fiscal year, although the performance of the firm's food ingredients business lagged the year-ago level.

The company's revenues for the full year rose 6 percent to $75.2bn.

Cash flow from operations increased 4 percent to $3.3bn.

However, Cargill said its food ingredients and applications segment lagged the year-ago level, but added that earnings advanced in several of its edible oils, sweeteners, meat and poultry businesses around the world.

Related news

Show more

Related products

show more

Download Raw Beet Sugar Product Flyer by Südzucker

Download Raw Beet Sugar Product Flyer by Südzucker

Content provided by Südzucker AG | 18-Sep-2024 | Product Brochure

European consumers are increasingly focusing their purchase decisions on products that contain natural, regional and less-processed / less-refined ingredients.

Download Sweet Trends Report 2024 by Südzucker

Download Sweet Trends Report 2024 by Südzucker

Content provided by Südzucker AG | 01-Jul-2024 | White Paper

For the fourth time, Südzucker has conducted a research study on consumer needs and purchase drivers in processed food & drinks, which will be another...

Your partner in plant-based meat alternatives

Your partner in plant-based meat alternatives

Content provided by ADM | 15-May-2024 | White Paper

Harness our technical expertise and world-class portfolio of high-quality ingredients and formulations to create elevated, chef-driven, plant-based meat...

Related suppliers

Follow us

Products

View more

Webinars