You searched for "Altaisky Broiler" (2 results found)

Cherkizovo to invest almost $3.7 million in Altaisky Broiler

  • 23 Jan 10:50

Russian meat giant Cherkizovo Group announced it will invest over 250 million rubles ($3.7 million) to upgrade Altaisky Broiler's production facilities. Last December, the Group announced the acquisition of Altaisky Broiler for RUB 4.6 bn ($69 million). Altaisky Broiler is also among the largest poultry producing companies in the Siberian Federal District, with a yearly output of 67 thousand tons (live weight) of poultry products (58 thousand tons of finished products). Altaisky Broiler has a hatchery, a feed mill, four fattening sites, a slaughterhouse, and a meat packing plant in Biysk. The Siberian company offers around 100 chilled and frozen. Read more...

Cherkizovo buys Altaisky Broiler for $69 million

  • 19 Dec 09:21

Russia's largest vertically integrated meat producer Cherkizovo Group has closed the deal to acquire the poultry producer Altaisky Broiler from Prioskolie agroholding for an estimated RUB 4.6 billion ($69 million). "Cherkizovo continues the process of consolidation of the poultry industry. This acquisition is fully consistent with the Group's development strategy. Siberia is an important region for us, our plans include active expansion and access to the largest cities of the Siberian District," said Igor Babayev, the founder of the Cherkizovo Group. Over the next two to three years, Cherkizovo intends to increase the production capacity of the. Read more...