bool(true)
Ru

Cherkizovo Group to engage in swine genetics work and artificial selection

27 october 2022
Cherkizovo Group to engage in swine genetics work and artificial selection

2 (1).jpg

Orenburg, Russia – October 27 – Cherkizovo Group (MOEX: GCHE) has agreed to acquire Vishnevsky Genetics and Breeding Center in the Orenburg Region. The deal will enable the Company to help domestic production of breeder pigs, reducing the industry’s dependence on imports.

Under the agreement, Limited Liability Company Agricultural Complex Mikhailovskiy and Cherkizovo-Pork (both are part of Cherkizovo Group) are to own 99% and 1%, respectively, of Vishnevsky GBC. The deal, already approved by the Russian Federal Antimonopoly Service, involved Business Solutions and Technologies as a financial advisor and ALUMNI partners and Branan Legal as legal advisors.

Vishnevsky Genetics and Breeding Center was founded in 2006 in the Orenburg Region and rears purebred Yorkshire, Duroc, and Landrace swine and hybrid F1 pigs. Its other lines of business involve pig breeding and pork production spread across five sites, which include multiplication units, farms, a feed mill, and a slaughter house. The center’s total capacity exceeds 250,000 heads per year.

The acquisition marks a new addition to Cherkizovo Group’s geographies – the Orenburg Region – and will enable the Company to engage in swine genetics work and artificial selection. This will enhance the Group’s vertical integration in pork production and help reduce the entire industry’s dependence on imported breeder pigs, ensuring the market demand for high-quality products is sufficiently covered. Moreover, the deal is expected to increase Cherkizovo’s pork output for its meat processing facilities.
Back to the news list

Other news

image
Petelinka and Pava-Pava win Product of the Year awards
alt
24 november 2023

Petelinka and Pava-Pava win Product of the Year awards

Cherkizovo Group’s chicken and turkey products have once again been awarded the annual Product of the Year title, with flagship brands Petelinka and Pava-Pava winning two categories of the award.

Cherkizovo Group unveils its products at international exhibition in Ufa
alt
24 november 2023

Cherkizovo Group unveils its products at international exhibition in Ufa

Cherkizovo Group, Russia's largest meat producer, is taking part in Our Brand, an international food festival in Ufa. The Company showcased its products during a tasting session at its stand.

Pava-Pava introduces spiced turkey fillets
alt
15 november 2023

Pava-Pava introduces spiced turkey fillets

Cherkizovo Group, Russia's largest meat producer, continues to expand its turkey product line under Pava-Pava, one of its flagship brands. This fall, the Company has launched sales of spiced turkey filet, a perfect choice for holiday dinners.

Cherkizovo Group products win five Quality Guarantee medals
alt
10 november 2023

Cherkizovo Group products win five Quality Guarantee medals

Cherkizovo Group, Russia’s largest meat producer, has once again been praised for the high quality of its products, with the Petelinka, Cherkizovo, and Pava-Pava brands winning two gold and three silver medals at Quality Guarantee 2023.

We use cookies to make our website work better.

By staying on this website, you agree to our use of cookies.