Inactive Instrument

Industrias Bachoco, S.A.B. de C.V. Mexican S.E.

BACHOCO B

MX01BA1D0003

Industrias Bachoco, S.A.B. de C.V. agreed to acquire Norson Holding, S. de R.L. de C.V. from Smithfield Foods de Mexico, S. de R.L. de C.V.

December 01, 2022

Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) agreed to acquire Norson Holding, S. de R.L. de C.V. from Smithfield Foods de Mexico, S. de R.L. de C.V. on December 2, 2022. This agreement must be approved by Mexican antitrust authorities, COFECE.

Latest news about Industrias Bachoco, S.A.B. de C.V.

Industrias Bachoco, S.A.B. de C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 04	CI
Industrias Bachoco, S.A.B. de C.V. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 04	CI

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Company Profile

Industrias Bachoco, S.A.B. de C.V. (Bachoco) is a holding company. The Company owns and manages over 1,000 facilities, organized in approximately 10 production complexes and over 60 distribution centers in Mexico, and a production complex in the United States. Bachoco operates through two segments: poultry and others. The poultry segment consists of chicken and egg operations. The others segment includes the operations of pigs, balanced feed for animal consumption and other by-products. The Company participates in the food industry in Mexico and in the United States, mainly in the poultry industry. In Mexico, the Company's core business is poultry (chicken and egg products). It also produces and sells a range of other products, which it refers to as other business lines, which include the production and selling of balanced feed, live swine, beef and turkey products, as well as a laboratory that produces vaccines for the poultry industry and other similar industries.

Sector

Food Processing

More about the company

Sector Animal Slaughtering & Processing

	1st Jan change	Capi.
TYSON FOODS, INC.	+13.28%	21.7B
HORMEL FOODS CORPORATION	+9.84%	19.32B
HENAN SHUANGHUI INVESTMENT & DEVELOPMENT CO.,LTD.	+2.58%	13.1B
WH GROUP LIMITED	+15.87%	10.48B
JBS S.A.	-11.32%	9.48B
BRF S.A.	+25.05%	5.61B
LDC	+6.07%	2.79B
MAPLE LEAF FOODS INC.	-5.94%	2.13B
BELL FOOD GROUP AG	+5.71%	1.85B

Animal Slaughtering & Processing