Industrias Bachoco Acquires RYC Alimentos
January 24, 2022
Industrias Bachoco S.A.B. de C.V. has completed the acquisition of 100% of the shares of RYC Alimentos, a multiproduct meat processor and distributor with productive facilities in Puebla and ~21 retail stores across four Mexican states. The transaction includes two plants and was valued at approximately $61 million in stockholders' equity; RYC reports around $150 million in annual sales and employs more than 900 people.
- Buyers
- Industrias Bachoco S.A.B. de C.V. (Bachoco)
- Targets
- RYC Alimentos
- Industry
- Food & Beverage
- Location
- Mexico
- Transaction Type
- Buyout
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