April 3, 2024

Cherkizovo Group acquires feed mill in Orenburg Region, Russia

Cherkizovo Group announced last month the completion of a deal to buy Venta-Oil, the owner of a feed mill and an elevator in the Orenburg Region, Russia.

The acquisition will help strengthen feed supplies to the company's pig facilities in the region.

AIC Mikhailovsky (part of Cherkizovo Group) signed an agreement to purchase 100% of Venta-Oil. The company's facility includes a feed production unit (following an upgrade, its annual capacity is set to reach 50,000 tonnes), an elevator capable of storing 54,000 tonnes of grain at a time, a silo structure and a warehouse for finished products.

Additionally, the facility also boasts two grain dryers (80 tonnes per hour) and a certified laboratory.

Venta-Oil currently employs more than 70 people.

Cherkizovo Group has been operating in the Orenburg Region since 2022. It owns Vishnevsky Genetics and Breeding Center, which, among other things, provides assistance in pig breeding at sites with a cumulative capacity of over 250,000 heads per year.

With its acquisition of Venta-Oil, Cherkizovo will improve its biosecurity and provide the sites with high-quality animal feed.

"We take consistent steps to strengthen our company's vertical integration, and the recently closed deal is yet another step in this direction," said Anastasia Mikhailova, head of communications at Cherkizovo Group. "Cherkizovo continues to invest in the Orenburg Region, as it sees favorable conditions for business development. The new asset is a state-of-the-art feed production facility that will create good synergies with the other sites the company owns in the region."

- Cherkizovo