Cargill to sell Turkish hazelnut operations

The US food ingredients concern Cargill will no longer have a presence in the hazelnut processing industry plans to sell its operations in Hendek/Sakarya, Turkey, to local company Durak Findik. The decision to sell comes after a strategic review by Cargill that identified the need to source directly from farmers and also shell hazelnuts. The sale therefore follows Cargill s strategic decision not to invest in these areas. The firm is confident that the business will have a greater chance of growing and reaching its full potential as part of Durak Findik.