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Slide #59. Industrias Bachoco S.A.B. de C.V. — Arkansas of Morris Hatchery Inc.
Industrias Bachoco S.A.B. de C.V. (NYSE:IBA)
Arkansas of Morris Hatchery Inc.
Industrias Bachoco S.A.B. de C.V. ("Bachoco" or "the Company") (NYSE: IBA; BMV: Bachoco), Mexico's leading producer and processor of poultry and other food products, announced today that it reached an agreement to acquire the breeding assets in Arkansas of Morris Hatchery Inc., a U.S. company.
Industrias Bachoco is a holding company. Through its subsidiaries, Co. is engaged in poultry (chicken and egg products), but it also produces and sells a range of other products which include, among others, the production and selling of balanced feed, pet food, live swine, beef and turkey products, one day old breeders and chicks, as well as a laboratory that produces vaccines for the poultry industry as well as other similar industries. Co. operates mainly in Mexico and in the United States.
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