Cherkizovo Group won the auction for the sale of enterprises of the Russian Grain Ufa Group of Companies. The acquisition will strengthen the company's position in the poultry market in the Urals and in neighboring regions, the company said.
The auction for the sale of assets of the Russian Grain Ufa Group of Companies took place on December 5 at the site of the Russian Auction House. The seller was the bank of non-core assets "Trust".
The single lot includes 100% of shares in JSC "Bashkir Poultry Farm", JSC "Turbaslinsky broilers", JSC "Ufa Combine of bread products", LLC "Bashkir grain +", LLC "Bashkir grain", LLC TD "Turbaslinsky broiler", as well as the rights of claims under credit agreements "Trust" to JSC "Bashkir Poultry Farm" and JSC "Turbaslin broilers".
The winner of the auction was LLC "APK "Mikhailovsky"" (part of the Cherkizovo Group), which had previously received FAS approval for the purchase of these assets. The purchase price is 6.37 billion rubles.
The legal support of the transaction was carried out by Branan Legal, the financial consultant was the company Kept.
For Cherkizovo Group, the acquired enterprises are the first production assets in Bashkiria. They include five poultry farms with a capacity of 65 thousand. tons of broiler meat per year (in live weight), deep processing capacity — 25 thousand tons of products per year, production of commercial eggs — 750 million pieces per year, a feed mill with a capacity of 240 thousand tons per year, as well as a land bank with an area of 18 thousand hectares. Poultry products of Bashkir enterprises are sold as in Russia, and is exported.
The enterprises of the Russian Grain Ufa Group are engaged in poultry farming, crop production and feed production. Now 2.7 thousand employees work at the Russian Grain Ufa enterprises.
Cherkizovo Group is Russia's largest producer of meat products. The Group includes 11 poultry farms, 16 modern pig farms, 11 meat processing enterprises, as well as 9 feed mills and 300 thousand hectares of agricultural land. Among the brands of the group are "Cherkizovo", "Petelinka", "Chicken Kingdom", "Pava-Pava", Pit Product. The company exports its products to more than 20 countries.
Cherkizovo Group's net profit in the first half of 2022 amounted to RUB 6.9 billion, a decrease of 48.9% year-on-year. Adjusted net profit increased by 17.5% to RUB 6.3 billion.
