Russian meat processor Cherkizovo has snapped up a meat facility south of Moscow.
The UK-listed group said today (15 April) it had acquired a plant in the town of Dankov in Russia’s Lipetsk region around 300km south of the Russian capital.
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The site “specialises in cattle and pig slaughtering and boning, meat freezing and production of sausages”, Cherikzovo said.
The facility’s slaughterhouse has a capacity of around 500 heads per shift, while the processing site produces 3.5 tons per day. The plant also has a 600 ton meat cold storage facility. Cherkizovo plans to increase the capacity of the slaughtering facility at site.
“The acquisition of the Dankov meat processing plant fits in perfectly with the company’s strategy for long-term growth through organic business development and market consolidation,” CEO Sergei Mikhailov said. “The main advantages of the facility are the fact that it has its own slaughtering capacity and its convenient location not far from the group’s pork facilities in central Russia. This new asset will enable us to increase the operational efficiency and to maintain our competitive advantage in the pork segment even dealing with the challenging market environment.”
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By GlobalData
