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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.
Related website
• Agfeed industries
• Forbes
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