Cherkizovo Group, one of the largest animal feed producers in Russia, has acquired Venta-Oil, the owner of a feed mill and a feed elevator in the Orenburg region. The acquisition is designed to enhance feed supply to the company’s pig facilities.
AIC Mikhailovsky, part of Cherkizovo Group, signed an agreement to purchase 100% of Venta-Oil, the owner of a grain storage and processing facility. The 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. On top of that, the facility also boasts two grain dryers (80 tonnes per hour) and a certified laboratory.
“We take consistent steps to strengthen our Company’s vertical integration, and the recently closed deal is yet another step in this direction. 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,” said Anastasia Mikhailova, Head of Communications at Cherkizovo Group.
Cherkizovo Group 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. Cherkizovo states that thanks to the acquisition of Venta-Oil, it will enhance its biosecurity and provide the above sites with high-quality animal feeds.
