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KSG to acquire meat processing plant and farm with 9.7 ths ha of land

KSG to acquire meat processing plant and farm with 9.7 ths ha of land

20 June 2011

Ukraine’s Antimonopoly Committee allowed KSG Аgro (WSE: KSG PW) to acquire 99.9% of the Dnipro Meat Processing Plant and 99.9% of Agro LLC, which controls 100% of Vidrodzhennya LLC, both in Dnepropetrovsk region. According to KSG, Vidrodzhennya controls 9.7 ths ha of land, a swine barn for 6 ths heads and a grain warehouse capable of storing 16 ths mt. The acquisition boosts KSG Agro’s land bank to 52.9 ths ha. Dnipro Meat Processing Plant has a monthly production capacity of 400 mt of sausage.

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