Ufa, Russia – December 6 – Cherkizovo Group (MOEX: GCHE), Russia’s largest meat producer, has won the auction for the sale of Russian Grain Ufa's poultry, crop, and fodder production businesses. The acquisition will strengthen the Company's position in the poultry market in the Urals and neighboring regions.
On Monday, December 5, an open auction for the sale of the assets of Russian Grain Ufa was held at the Auction House of the Russian Federation. The seller was
The winning bidder was AIC Mikhailovsky (part of Cherkizovo Group), which had previously obtained approval from the Federal Antimonopoly Service to acquire these assets. The purchase price is RUB 6.37 billion.
The transaction was supported by Branan Legal, with Kept acting as financial advisor.
For Cherkizovo Group, the acquired companies are the first production assets in Bashkortostan. They include five poultry farms with an annual
Russian Grain Ufa’s headcount currently stands at 2,700 employees.
The company is the largest agricultural holding in Bashkortostan. Its assets will benefit from synergies with other Cherkizovo Group sites, helping to strengthen our position in the poultry market in the Urals Federal District and neighboring Russian regions. Going forward, Cherkizovo plans to upgrade the acquired facilities, which will help boost broiler meat output.
Cherkizovo Group is the leader in broiler meat production in Russia: in 2021, the Company produced 813,000 tonnes