Announced

Completed

Bachoco completed the acquisition of Norson.

Synopsis

Bachoco, a poultry producer, completed the acquisition of Norson, a producer and exporter of pork. Financial terms were not disclosed. “This acquisition strengthens our inorganic growth strategy and diversifies our other animal protein business line. In synergy with our participation in SASA, Norson will add capacity of process and distribution not only in the national market, but also in the export market as well. This, along with the integration of the talent of their more than 2.5k employees, will allow Industrias Bachoco to reinforce its presence in the Mexican market in order to continue being one of the main animal protein producers," Ernesto Salmon, Bachoco CEO.

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