Yesterday, Cherkizovo Group announced the acquisition of Voronezhmyasoprom, a set of agricultural assets, “in order to strengthen the vertical integration of the business”. The shareholder of both companies is Igor Babaev. As part of the deal, Cherkizovo Group bought a swine nucleus unit in the Voronezh region (the reproducer of 2.4 thousand sows with a platform for growing 10 thousand heads and a platform feeding on 6.7 thousand heads), an elevator with a storage capacity of 150 thousand tonnes and a land bank of approximately 30 000 ha. The Group also bought an elevator with a capacity of 60 thousand tonnes in the Penza region. The value of the assets is 4.46 billion roubles, including 2.8 billion roubles of debt, which Cherkizovo will take on itself. Payments under the deal will consist of 1.26 billion roubles in cash, along with 795 thousand units of OJSC Cherkizovo Group’s shares.
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, 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.
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, 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.