Announced

Completed

Industria Bachoco completed the acquisition of RYC Alimentos for $61m.

Synopsis

Industria Bachoco, a poultry producer and marketer in Mexico, completed the acquisition of RYC Alimentos, a meat processor with production centers mainly in Puebla, for $61m. “In line with our inorganic growth strategy, this agreement allows us to continue taking solid steps towards consolidation in other proteins, as well as in value-added products. At the same time, with these actions, we reinforce our commitment to contributing to consumer nutrition. We hope to integrate this operation as soon as possible and capture the opportunities that we have identified," Rodolfo Ramos, Bachoco CEO.

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