Cherkizovo acquired chicken processing plant from Cargill
22 September 2020
Cherkizovo, Russia’s leading meat producer, has accomplished the acquisition of a processing plant from Cargill. Back in July 2020, the companies signed a respective preliminary acquisition agreement.
The plant located in the Tula region of Russia produces annually 20,000 tonnes of prefabricated poultry products, mainly chicken nuggets for McDonald’s. In the upcoming months, Cherkizovo plans to fully integrate the new asset into its corporate structure. With this acquisition, the company wants to expand its presence on the Russian HoReCa market.