“This acquisition fits into Bachoco’s strategy as it reinforces the company’s leadership in processed chicken products, which is a growing product line in Mexico,” said Rodolfo Ramos, Bachoco’s chief executive officer. “It also allows Bachoco to capture synergies with the company’s current complex in Monterrey, as well as other further processed plants throughout Mexico, reaching national coverage in further-processed chicken products.
“With the acquisition of this new facility, the company seeks to diversify its product line, entering into the further processed products line for beef, with capacity to enter into pork products, as well as leveraging the experience of a recognized company,” he added. “This acquisition will allow Bachoco to better serve current and future customers, while advancing the company’s strategy of becoming a top food company in Mexico.”