News and analysis for the global poultry industry.

Mergers & Acquisitions


Cherkizovo to become sole owner of Tambov Turkey

While some details are pending, an agreement has been reached for Cherkizovo to purchase the 50% of Tambov Turkey owned by Spain’s Grupo Fuertes

Cherikzovo Group intends to acquire the 50% stake of Tambov Turkey currently held by Grupo Fuertes.

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Partners negotiate future ownership of Banvit

TBQ Foods could sell its stake in Turkish company to BRF

Negotiations are ongoing between the two current owners of Turkish poultry company, Banvit, on its future. A Middle Eastern sovereign fund may opt to continue its 40% share, or this may be purchased by the majority owner, BRF.

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HKScan invests in Scandinavian Aquasystems AB

By becoming minority shareholder in Swedish company, HKScan expands into fish industry

HKScan and Scandinavian Aquasystems AB have signed a cooperation agreement for the sale of fish products under the Gårdsfisk brand and the production of meal components made from fish in Sweden. 

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NPM Capital selling 50% stake in Hendrix Genetics

The new half-owner of the company will be Paine Schwartz Partners

NPM Capital will sell its stake in Hendrix Genetics to Paine Schwartz Partners, a global investment firm with a focus on the sustainable food chain. 

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ADM forms joint venture for microbial-based proteins

Microbial-based proteins are derived from the dried cells of yeasts, microalgae and fungi that are grown in a large-scale culture system.

ADM signed an agreement with Asia Sustainable Foods Platform to partner on the technology development and precision fermentation of microbial-based alternative proteins in Singapore and the wider Asia-Pacific region.

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