Mexic

Mexican poultry firm Bachoco acquires pet food manufacturer

Mergers & Acquisitions

Industrias Bachoco S.A.B. (known simple as "Bachoco"), one of the most important producers and processors of poultry from Mexico and one of the largest poultry producers globally, has reached an agreement to buy the assets of the Mexican pet food company La Perla, who has it's headquarters in the Mexican state of Queretaro. The company didn't offer any details of the transaction.

Posted on Aug 04 ,15:06

Mexican poultry firm Bachoco acquires pet food manufacturer

 

The deal struck between the two companies includes all the assets of La Perla, including La Perla's Brands, like Choice Nutrition, Cat-trina, CanPro, among others. The production capacity of all these assets comes up to 65,000 tons a year of dry pet food.

“With this acquisition, we are increasing significantly our pet food capacity, a product line in which we have had satisfactory results so far, and in which we see an interesting future,” CEO Rodolfo Ramos declared in a statement. “Furthermore, this acquisition will allow us to enter into the pet food treats market, a growing sector in this business line".

“We will look to integrate this operation, as soon as possible, into our normal operations and capture the opportunities we have identified", Rodolfo Ramos said.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

Romania

Romania: Fragedo Urban Delights brings the taste and aroma of the city into your home

The products are made from balanced combinations of chicken breast and thigh, chicken sausages or...


Read more Read more
BRAZIL

Animal protein exporters project US$57 million in revenue after FHA in Singapore

According to estimates gathered from participating companies, the contacts and negotiations carri...


Read more Read more
PHILIPPINES

The Philippines reopen markets for German pork

The decision followed years of extensive negotiations by the German Federal Ministry of Food...


Read more Read more
Websolutions by Angular Software and SpiderClass