# Cargill and Golden Growers to buy American Crystal Sugar stake in ProGold

Cargill and Golden Growers Cooperative agreed to acquire American Crystal Sugar Co.'s 51% equity stake in ProGold LLC, owner of a corn wet milling facility in Wahpeton, North Dakota. The transaction is expected to close by the end of February 2022.

- Type: Acquisition
- Announced: 2022-02-24
- Where: Wahpeton, North Dakota, United States
- Status: announced
- Capacity: 90,000 bushels of corn per day
- Products: animal feed, food ingredients
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Cargill](https://endata.com/companies/3828.md) (acquirer)
- [Golden Growers Cooperative](https://endata.com/companies/61290.md) (acquirer)
- [American Crystal Sugar Company](https://endata.com/companies/61291.md) (target)
- [ProGold LLC](https://endata.com/companies/61292.md) (target)

## Sources

- [bakingbusiness.com](https://www.bakingbusiness.com/articles/55804-cargill-inks-deal-on-corn-wet-milling-joint-venture), 2022-02-25: "This strategic partnership combines the strengths of both parties, paving the way for long-term reliability and viability of corn-based ingredients to supply our customers."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.