About Feed Management Systems
Feed Management Systems (FMS) is a software solutions company that links critical information between commercial feed manufacturers and their suppliers and customers across the globe. The company's Pennent Brand is a software solution for commercial feed operations that integrates production, formulation, manufacturing and accounting functions. In January 2016, Feed Management Systems was acquired by Cargill.
Latest Feed Management Systems News
Nov 2, 2023
The financial details of the transaction were not disclosed. Formed as a Cargill brand after the combination of Feed Management Systems and UK company, Format International, in late 2015, Format Solutions specializes in the design, authoring and marketing of software for recipe optimization, ingredient allocation, operational efficiency and formulation for the animal and aqua feed, pet food, human food, premix industries. Caitlin O’Donnell, head of marketing, Datacor told FeedNavigator about what appealed to the company about the Cargill business: "Datacor strives to be the premier, go-to software provider with best-in-class and industry specific offerings for all process manufacturers and chemical distributors. This acquisition brings strong manufacturing and formulation experience with industry expertise in the animal nutrition end markets. "Under Cargill’s leadership, Format Solutions software has become the most widely used technology in the animal nutrition and pet food sectors, responsible for the manufacturing of more tons of products around the world than any other provider. " The Format software and services span feed and food formulation, feed manufacturing and operations management. The business serves customers in nearly 100 countries with the goal being digital transformation of livestock nutrition and production. The business operated as a separate and distinct entity within Cargill, leveraging the organizational knowledge and expertise in animal and human nutrition and mill and farm operations in the agribusiness group. All employees affiliated with Format will continue in their respective roles following the acquisition, said the new owner. Datacor, said O’Donnell, is committed to accelerating investment in the Format suite of products and "leveraging the team’s knowledge across all Datacor products. " Copyright - Unless otherwise stated all contents of this web site are © 2023 - William Reed Ltd - All Rights Reserved - Full details for the use of materials on this site can be found in the Terms & Conditions
Feed Management Systems Frequently Asked Questions (FAQ)
When was Feed Management Systems founded?
Feed Management Systems was founded in 1986.
Where is Feed Management Systems's headquarters?
Feed Management Systems's headquarters is located at 9320 Excelsior Blvd. MS-54, Hopkins.
What is Feed Management Systems's latest funding round?
Feed Management Systems's latest funding round is Acquired.
How much did Feed Management Systems raise?
Feed Management Systems raised a total of $8.5M.
Who are the investors of Feed Management Systems?
Investors of Feed Management Systems include Cargill, NDSU Research Technology Park, Intel Capital, RAIN Source Capital and Epic Ventures.