Mexican leading poultry processor, Industrias Bachoco has announced the acquisition of RYC Alimentos, a multi-protein meat processor, and distributor.
The deal includes two processing facilities and around 21 stores located in four states of the Mexican Republic.
Founded in 1983, RYC is a market leader in the meat industry, distributing premium quality food products in Mexico and part of the United States with a workforce of more than 900 employees.
Industrias Bachoco is the leader in the Mexican poultry industry, and one of the largest poultry producers globally. Created in 1952, Bachoco owns and manages more than a thousand facilities, organized in nine production sites and 80 distribution centres in Mexico, and a production facility in the United States. The company employs more than 29,000 people.
Source: Business Wire