Russian meat group Cherkizovo has acquired a pork processing facility in Lipetsk to boost production.

In a statement, Cherkizovo said the transaction was valued at RUB250m (US$4.3m).

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The site, in the Izmalkovsky district, 390 kilometres south of Moscow, will enable Cherkizovo to expand its pork production capacity to 52,000 head or 6,000 tonnes of pork in live weight per year. It comprises breeding facilities, a rearing facility and fattening facilities.

"The purchase of the new module will help promote future growth of the company’s business in Lipetsk Region and ensure synergy with its other assets in the region," Cherkizovo added.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now