• March 15, 2024
  • 2:00 pm

JBG is advising that it has entered into an agreement to sell its hatchery assets located in Iowa, USA . These assets were previously purchased in March 2016 from Welp Inc. and were held through the Company's subsidiary, International Poultry Breeders Hatcheries, Inc.

This asset sale transaction is a strategic decision of JBG to consolidate its assets, and to increase the efficiency of JBG's vertical integration in the United States.

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Jamaica Broilers Group Ltd. published this content on 15 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 March 2024 19:10:04 UTC.