Agribusiness Partners International has sold the poultry producer Chicken Kingdom for US$143m to Cherkizovo Group, one of Russia’s leading integrated and diversified meat producers.
Chicken Kingdom produces fresh and frozen poultry products, with two locations in Lipetsk and Bryansk, Russia. The company produces and packages more than 600,000 birds weekly, making it one of the largest poultry producers in Russia.
Agribusiness Partners has been investing in agribusinesses in the former Soviet Union for more than a decade.
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