"We are pleased to attach to our company another asset-oriented production of products for customers in the food service segment. As a vertically integrated meat producer, we see significant synergies of the acquired plant with our existing supply chain. In the future we plan to increase the capacity of the plant. I also want to note that this acquisition fits well with our strategic plans to increase the share of value-added products and expand our presence in the HoReCa channel, which should become a substantial source of revenue for the company", - commented the General Director of Group "Cherkizovo" Sergei Mikhailov.

About Cherkizovo Group

Cherkizovo group is Russia's largest producer of meat products. The group is among the three leaders on the market of chicken meat, pork and processed meat products. The Cherkizovo group includes 9 poultry farms-full cycle 16 modern pig complexes, meat processing plants 8 and 9 feed mills and 300 thousand ha of agricultural land. In 2019, the Group "Cherkizovo" has made about 1.2 million tons of meat products. Consolidated revenues of the company up to 2019 totalled 120.1 billion rubles. Among the brands of the group "Cherkizovo", Petelinka, Chicken Kingdom, "PAVA-PAVA". The advantage of the company is vertical integration, which connects every link in the agricultural chain, from grain production to production of finished products, ensuring product quality at all stages. www.cherkizovo.com