Jamaica Broilers Group (JBG) has acquired a feed mill in Georgia for an undisclosed sum as part of its expansion thrust in the U.S., reports Loop Jamaica.
In an advisory to the Jamaica Stock Exchange, JBG said it is finalizing the asset purchase agreement with Crystal Farm Mills through its subsidiary Wincorp Properties, but has already taken over the day-to-day operations of the facility.
The purchase of the feed mill will enable the company to supply feed to their party customers in Georgia and neighbouring states. It will also allow JBG to control the feed supply to its breeder flock operations located in north and south Georgia, according to Parsard.
