June 22, 2012

Aviagen and Inghams Enterprises sign Heads of Agreement on future supply

Press release

Aviagen and Inghams Enterprises formally entered into the principles of agreement on Sunday, May 20 that will strengthen their partnership and form an important commitment for future supply to both Inghams and the Australian poultry industry.

The agreement addresses the full transition by Inghams to Ross breeding stock and the commitment by Aviagen to lease and acquire several Inghams owned production facilities within New South Wales over the near future. 

Aviagen will acquire the land and buildings on two large Ingham great grandparent farms near Goulburn and Bowral NSW and will make a significant investment to expand GP capacity. 

Ingham will lease their quarantine station in Bungonia, NSW to Aviagen. A feasibility study is underway to assess expansion potential of the Ingham hatchery in Maldon, NSW prior to its purchase.

Aviagen will lease the remainder of the Inghams grandparent farms. The agreement extends an excellent business relationship built upon Ingham's transition to the Ross 308 in New Zealand and a strong commitment and trust in the performance of each company in the Australasian poultry market.

Aviagen is the world's leading poultry breeding company, developing pedigree lines for the production of broiler chickens under the Ross, Arbor Acres and Indian River brand names.