Florham Park-based software provided Datacor Inc. acquired Format Solutions, a company focused on the design, authoring and marketing of software for recipe optimization, ingredient allocation, operational efficiency, and food and feed formulation solutions for the animal feed, aqua feed, pet food, human food, premix and other industries.
The acquisition was announced on March 7.
Format Solutions was formed as a Minnesota-based Cargill brand following the combination of Feed Management Systems and Format International in 2015. Format Solutions combines expertise in nutrition and formulation serving customers in nearly 100 countries. Under Cargill, Format Solutions software became the most widely used technology in the animal nutrition and pet food sectors, according to the March 7 announcement.
“Cargill has signed an agreement to sell its Format Solutions business to Datacor, a company with deep expertise and experience in providing software and services to the process manufacturing industries,” said Scott Ainslie, managing director of Cargill’s digital solutions business, in a prepared statement. “Through Cargill’s trusted partner relationships, alliances, and global solutions, we are committed to the digital transformation of livestock nutrition and production.”
Datacor President Tom Jackson added, “We are pleased to welcome Format Solutions to Datacor. With the addition of the Format Solutions software products and team we are able to add best-in-class capabilities in the animal nutrition and pet food verticals, two substantial segments in the process manufacturing space. We look forward to investing in the Format Solutions software products and providing best-in-class service to the Format customers.”
Financial terms were not disclosed.