KUALA LUMPUR, CAB Cakaran Corp Bhd (KL:CAB), a poultry producer, plans to acquire animal feed manufacturer Cargill Feed Sdn Bhd (CFSB) for RM231 million in cash. The acquisition will allow CAB Cakaran to produce its own animal feed, supporting more than 100 broiler and breeder farms across Peninsular Malaysia and strengthening its integrated poultry operations.
CAB Cakaran Corp Bhd is set to acquire the animal feed business of Cargill Malaysia for RM231 million, marking a major move to expand its vertically integrated poultry operations.
The proposed acquisition will be carried out through CAB Cakaran’s 51%-owned subsidiary, CAB Nutrition Sdn Bhd, which will purchase 100% equity interest in Cargill Feed and Nutrition (Malaysia) Sdn Bhd.
In a filing with Bursa Malaysia, the company said the acquisition includes two feed mills — in Pulau Indah, Selangor, and in Butterworth, Penang — along with machinery, equipment, customer contracts, and intellectual property rights.
CAB said the acquisition will allow the group to strengthen its position across the poultry value chain, enhance production capacity, and improve cost efficiency through economies of scale.
The deal is expected to be completed by the first quarter of 2026, subject to regulatory approvals and conditions.
