RUSSIA - Russian vertically integrated meat manufacturer and processor, Cherkizovo Group has bought a pork complex in Lipetsk Region with breeding facilities for 2,500 animals.
The deal cost 250 million roubles.
The new facility will enable Cherkizovo Group to expand its pork production capacity to 52,000 pigs or 6,000 tonnesz of pork in live weight per year.
The pork complex is in Izmalkovsky District, Lipetsk Region and includes three breeding facility buildings, a rearing facility and seven fattening buildings.
The complex is equipped with modern waste treatment facilities and complies with international environmental standards.
All buildings are outfitted with cutting-edge Big Dutchman equipment for industrial pork production.
Cherkizovo Group has six full cycle pork complexes in Lipetsk Region with capacity of 5,700 sows each.
The company said that the purchase of the new module will help promote future growth of the company’s business in Lipetsk Region and ensure synergy with its other assets in the region.
TheMeatSite News Desk