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Announced

Completed

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

Financials

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Transaction Value£46m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Mexico

Acquisition

Friendly

Food Products

meat processing

Private

Completed

Single Bidder

Domestic

Majority

Synopsis

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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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