Mexico

Bachoco signs investment agreement with Sonora Agropecuaria

Mergers & Acquisitions

The company intends to accelerate the rhythm of growth and to move forward in the process of diversification on other animal proteins.

Posted on Dec 04 ,07:01

Bachoco signs investment agreement with Sonora Agropecuaria

Industrias Bachoco leading producer and processor of poultry and other food products, announced today that an agreement has been reached on investing in the company Sonora Agropecuaria S.A., a swine processing and distributor company with operations in the states of Sonora and Jalisco. With a production capacity of about 15,000 swine per week, Sonora is ranked among the top ten processors in Mexico and it is present in both domestic and external markets, according to Swineweb magazine.
"This agreement will make synergies with our actual live swine business while allowing us to accelerate our rhythm of growth and continue to move forward in the process of diversification on other animal proteins", stated Rodolfo Ramos, Bachoco’s Chief Executive Officer. The process of investment is to be complete at the beginning of 2020, Mr. Ramos added.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

International

Dark-chicken meat to support poultry sales in Asia

Poultry exports to Asian countries affected by the ASF virus will support a gradual recovery for ...


Read more Read more
Azerbaidjan

Azerbaidjan bans livestock, animal products and seafood imports from China

The Azerbaijani Food Safety Agency decided to impose a temporary ban on the import of livestock, ...


Read more Read more
Philippines

Pork prices in the Philippines are dropping

Pork prices in the Philippines are dropping due to false concerns of the consumers on the ASF out...


Read more Read more
Websolutions by Angular Software and SpiderClass