Sibagro acquired another pig farm
13 September 2021
Sibagro, a Russia-based agroholding, has acquired a pig farm in the Kursk region at an auction. The worth of the deal was $12.36 million. The farm has one-time maintaining capacity of 77,000 pigs and produces 15,000 tonnes of pork annually. Back in 2020, a local court initiated bankruptcy proceedings against the farm. With this acquisition, Sibagro will raise production volumes at its local meat plant.