Friday, August 26, 2011

Industrias Bachoco acquires Mexico poultry processor

Industrias Bachoco S.A.B. de C.V. has acquired the assets of poultry and beef processor Trosi de Carnes S.A. de C.V. in Northern Mexico.
The acquisition will take effect immediately. "This acquisition fits into Bachoco's strategy as it reinforces our leadership in processed chicken products, which is a growing product line in Mexico," said Rodolfo Ramos, Bachoco's CEO. "[It] will allow Bachoco to better serve current and future customers, while advancing the company's strategy of becoming a top food company in Mexico."

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