Cherkizovo Group news

Cherkizovo Group logo 20.01.22
Cherkizovo Group

Mikhailovsky Combine, part of Cherkizovo, completed the acquisition of the remaining 50% of Tambov Turkey LLC from Grupo Fuertes. The stake was paid for with 1.175 million new Cherkizovo shares, worth ₽3.598 billion. As a result of the transaction, Grupo Fuertes' stake in the agro-holding increased from 8.58% to 11.12%.
Cherkizovo Group logo 17.01.22
Cherkizovo Group

Cherkizovo Group's chicken sales in 2021 were 711,24 thousand tonnes, up 2% year-on-year. Turkey sales increased by 28% to 52,400 tonnes. Live weight pork production decreased by 28% to 242,800 tons. Sales volume in the meat processing segment increased 20% to 135,86 thousand tons.
Cherkizovo Group logo 14.01.22
Cherkizovo Group

Cherkizovo's total export shipments for 2021 are expected to be 88,000 tonnes, which is approximately 7% higher than in 2020. Over the year, revenues from overseas sales increased by 26%, exceeding ₽12 billion. turkey sales increased 3.8 times in cash, ready-to-cook products by 49%, chicken by 20%, and pork by 5%.
Cherkizovo Group logo 11.01.22
Cherkizovo Group

Cherkizovo Group placed 1.175 million new shares for ₽3.598 billion, or ₽3063 per share, representing 2.8% of the increased capital. The securities were purchased by subsidiary APK Mikhailovsky Ltd. for subsequent transfer to Grupo Fuertes in exchange for a 50% stake in the Tambov Turkey joint venture. As a result, the agroholding will own 100% of Tambov Tur...
Cherkizovo Group logo 28.12.21
Cherkizovo Group

Cherkizovo Group acquires Krasnobor CJSC, Tula, for ₽1.9 billion. The company is the third-largest turkey producer in Russia. In 2020 "Krasnobor" produced 27,2 thousand tons of turkey in live weight. The deal has already been approved by the Federal Antimonopoly Service.
Cherkizovo Group logo 16.12.21
Cherkizovo Group

Cherkizovo's Board of Directors set the offering price of 10,261,753 additional shares at ₽3062.5 per share. The company is issuing shares to pay for its 50% stake in Tambov Turkey LLC, which Cherkizovo acquires from its shareholder Grupo Fuertes of Italy. The transaction is scheduled to close in Q1 2022.
Cherkizovo Group logo 10.12.21
Cherkizovo Group

Cherkizovo Group's chicken sales in November 2021 amounted to 56,65 thousand tonnes, a decrease of 7% compared to the same period last year. The volume of turkey sales increased by 14% to 4,03 thousand tons. Pork production in live weight decreased by 29% to 19.55 thousand tons. Sales volume in the meat processing segment increased by 24% to 12,54 thousand t...
Cherkizovo Group logo 10.12.21
Cherkizovo Group

Cherkizovo Group acquires the remaining 50% in Tambov Turkey LLC from its shareholder Italian Grupo Fuertes. The company produces turkey products under the Pav Pav brand. The company will pay for the block with the shares from the earlier planned additional issue in the amount of 10,3 mln. securities. The offering price of the shares will be determined on De...
Cherkizovo Group logo 08.12.21
Cherkizovo Group

Cherkizovo Group summarized the results of the 2021 harvest campaign in the regions where it operates. We harvested 343,000 tons of wheat, 114,000 tons of soybeans, 122,000 tons of corn and 57,000 tons of sunflowers. Taking into account other crops, the total harvest was 643 thousand tons, which is 24% less than the last year's volume. Decrease in production...
Cherkizovo Group logo 01.12.21
Cherkizovo Group

Cherkizovo Group is preparing to begin offering an additional 10,261,753 shares by public subscription. The Company has announced that it will be able to exercise its pre-emptive rights. Shareholders on the register as of January 25, 2021 may exercise their pre-emptive rights within eight days. The price of the shares will be determined by the Board of Direc...