In preparation for the company’s planned initial public offering in May, refrigerated meat and poultry producer the Cherkizovo Group has announced its intention to acquire broiler poultry producer Kurinoe Tsarstvo from Cypriot firm Golden Rooster.


With eight poultry farms, Kurinoe Tsarstvo has an annual revenue of up to US$80m.


According to a report by Dow Jones, the deal is estimated to cost between $70m and $100m.


Cherkizovo, with an annual revenue of $466m and estimated capitalisation of $500m to $600m, has suggested that the acquisition would increase the company’s appeal to investors. 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.