One of Mexico’s leading poultry production and processing firms Industrias Bachoco S.A.B. de C.V. is acquiring the “La Perla” pet food company in the country’s Queretaro state, Bachoco announced in a press release Wednesday.
“With this acquisition, we are increasing significantly our pet food capacity, a product line in which we have had satisfactory results so far, and in which we see an interesting future,” Rodolfo Ramos, the chief executive officer of Bachoco said in a statement, adding, “this acquisition will allow us to enter into the pet food treats market, a growing sector in this business line.”
All of La Perla’s assets – including its brands CanPro, Choice Nutrition, Cat-trina, and others – are included in the transaction.
“We will look to integrate this operation as soon as possible into our normal operations and capture the opportunities we have identified,” said Ramos.
Bachoco’s headquarters is in Celaya, Mexico and operates nine production facilities in the country.