France

Canadian genetics company acquires Porc-Ex France

Mergers & Acquisitions

Canada-based swine breeding company Genesus Genetics has acquired PORC-EX France, becoming Genesus SARL.

Posted on Nov 22 ,15:02

Canadian genetics company acquires Porc-Ex France

 

 

A year ago, Genesus started collaboration with the Porc-Ex group in pursuance to develop the European market. The company decided to take over the company in France, including their dedicated team, all in order to give Genesus an even better access to the European market.

Genesus SARL will give Genesus a further base in Europe through which it can create a strong European presence and get closer to the local market and customers.

"With our existing, successful team in Europe and now having the French team join, we can build a strong Genesus Europe team and keep developing sales and production. Europe has 11 million sows," the company said in a statement.

According to Genesus, during the past year the French team has shown strong commitment towards the company and the market has shown ready for Genesus's Duroc and maternal lines.

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