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    Daybreak Farms buys Rossgro Chickens for R3m

    Afgri, the JSE listed agricultural business, on Wednesday, 11 August 2010, said its subsidiary Daybreak Farms had entered into an agreement to acquire Rossgro Chickens for not more than R3 million.

    Daybreak Farms is in the business of farming, slaughtering, processing and selling of chickens while Rossgro Chickens operates a chicken abattoir, processing and sales business.

    Afgri said the acquisition was part of Daybreak Farm's growth strategy.

    "It identified the business as a valuable asset which would enable it to immediately increase its existing capacity and in this way enable Afgri to be a more significant market player," the company said.

    Source: I-Net Bridge

    For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

    We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

    Go to: http://www.inet.co.za
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