UK-listed Russian meat group Cherkizovo has bought a controlling stake in a meat processing plant in Kaliningrad.

The company said today (16 September) that the plant will focus on smoked products, hams and cooked sausages.

Go deeper with GlobalData

Go deeper with GlobalData

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

Cherkizovo said the US$4.1m deal was part of its strategy to increase the “high-margin” part of its portfolio. The company said it plans to spend $2.5m to restructure the plant.

CEO Sergey Mikhailov said: “We have recently taken measures to restructure our meat processing business and reduce costs. The restructuring results are now emerging, with the segment becoming steadily more profitable this year. This acquisition, ideally located in the Kaliningrad region is fully in line with our strategy to increase efficiency and provide a stable base for our meat processing segment.”

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact