Jamaica Broilers Ltd Acquires Leading US Egg Producer. US Production To Double

Jamaica Broilers Group Limited (JBG) has advised that it has entered into an agreement on July 17, 2013, to acquire a leading producer and broker of broiler hatching eggs in the United States of America. This acquisition, if concluded, is expected to result in the doubling of JBG’s fertile egg production output in the United States. Completion of the acquisition, which is subject to certain conditions, is expected to be within forty-five (45) days. Under the terms of the transaction, the purchase price is to remain confidential until completion.