July 14, 2015
Bachoco acquires US hatchery
Bachoco, Mexico's leading producer and processor of poultry and other food products, has acquired the breeding assets of Morris Hatchery Inc., Georgia, US.
These assets comprise mainly bird inventory and equipment. This operation has a capacity of about one million layers.
Rodolfo Ramos, Bachoco's chief executive officer, said, "This is the next step to strengthen this particular stage of our supply chain, which allows us to support the organic growth of the company and, at the same time, increase our geographical dispersion and reduce risky situations."
Previously in 2013, Bachoco had acquired the breeding assets in the state of Arkansas of Morris Hatchery Inc.