CELAYA and GUANAJUATO, MEXICO – Large global poultry producer, Industrias Bachoco S.A.B. de C.V., announced its acquisition of 100% of the capital equity of Norson Holding S. de R.L. of C.V., a vertically integrated pork producer and exporter located in Sonora, Mexico.

Norson established its relevance as a pork producer in Mexico through more than 40 years in the marketplace. Its business consists of genetics, hog farms, feed mills, slaughter and cut facilities, value-added facilities, distribution centers and retail shops. Norson also exports commercially to the United States, Japan, China and Korea among other countries. This and collaboration efforts with over 3,600 businesses allows Norson to be one of the leading companies within their industry.

The agreement must be reviewed by Mexico’s Federal Economic Competition Commission. Once authorized, more details of the transaction will be available.

“This agreement is in line with our growth plans for our pork business and follows our diversification strategy in other proteins,” said Rodolfo Ramos Arvizu, chief executive officer of Industrias Bachoco. “Once we have the approval of the corresponding authorities, we will proceed to integrate and capture the identified synergies. With this, we continue reinforcing our presence in the Mexican market, in order to become one of the main producers of animal protein.”