AgFeed wants increased hog production
China’s largest premix feed company has hired Deutsche Bank to help it explore growth initiatives that could include acquisitions, organic growth and deals with global protein producers and agricultural suppliers, Forbes has reported.
Nasdaq reported recently that shares of AgFeed Industries have dropped back down since an initial 3.3% rise.
The company, which operates production plants in Nanchang City, Shanghai City and Nanning City, was founded in 2005 as a pre-mix feed production and distribution company. Last year, it acquired Lushan Breeder Pig Farm, adding hog production to its business mix. The company estimates it now has more than 500,000 hogs in annual production.
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• Agfeed industries
• Forbes
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