The Russian company intends to use Altaisky Broiler as the foundation for its distribution system in the Siberian Federal District. Cherkizovo announced that the acquisition of Altaisky Broiler plant from Prioskolie holding company has been completed. The deal, negotiated since mid-summer, amounted to RUB 4.5 billion ($67.3 million) and Cherkizovo Group intends to use the Siberian poultry producer as the foundation for its distribution system in the Siberian Federal District. Altaisky Broiler is one of the leading players in the Siberian poultry market with an annual output of 67 thousand tonnes (live weight) of poultry products (58 thousand tonnes of. Read more...
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