India's Farming and livestock outputs leave much to be desired, still Cargill's long term presence in the sector in India is a good sign if it lasts. They have added Provimi to theoir portfolio as Dealcurry reports

Cargill has bought Dutch animal nutrition company – Provimi for $2.1 Bn from the PE firm – Permira.  Both Cargill and Provimi are present in the Indian market through their subsidiaries. It had sales of $2.28 Bn in 2010 and EBITDA of $123 Mn for the first half of this year.

Permira, based in London, bought Provimi in 2007 from PE firms CVC Capital Partners Ltd. and PAI Partners.   

Provimi had entered into the Indian Market during 1999 in alliance with Tetragon Chemie Private Limited. Provimi has five manufacturing units in India. The productline comprises of premixes, feed supplements and animal healthcare products for poultry and cattle.

Cargill India sells aquaculture and cattle feeds in AP, Orissa, West Bengal, Tamil Nadu, Haryana and Punjab.

This acquisition will help Cargill expand in the areas where Provimi operates.

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