Rusagro consolidates 100% of shares in Agro Belogorye

Rusagro to become Russia's second largest pork producer
calendar icon 14 November 2024
clock icon 1 minute read

Russian farming conglomerate Rusagro said on Wednesday it had consolidated 100% of shares in pork producer Agro Belogorye, reported Reuters

The consolidation will allow Rusagro to become Russia's second largest pork producer, the company said.

Rusagro acquired 22.5% shares in Agro Belogorye in 2019 and reported plans to acquire the entire company.

In autumn 2024, Rusagro's stake in Agro Belogorye increased to 47.5%.

© 2000 - 2024 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.