CELAYA, Mexico – Industrias Bachoco S.A.B. de C.V. announced on Dec. 2 that it plans to invest in Sonora Agropecuaria S.A. de C.V. (SASA), a swine processor and distributor in the Mexican states of Sonora and Jalisco.
According to Bachoco, SASA is one of the 10 main processors in Mexico with a production capacity of 15,000 swine per week.
“This agreement will make synergies with our actual live swine business, while allowing us to accelerate our rhythm of growth and continue to move forward in the process of diversification on other animal proteins,” said Rodolfo Ramos, Bachoco’s CEO. “We will look to complete this process at the beginning of 2020 and capture the opportunities we have identified.”
Industrias Bachoco is one of the largest poultry producers in the world, but it also works with swine producers. Currently, the company owns and manages more than 1,000 facilities, which are organized in nine productive complexes and 66 distribution centers in Mexico. It also has a productive complex in the US. Bachoco employs 27,000 employees.