date:Mar 27, 2014
in the first year of integration. Lisko's facilities are located in Voronezh Region, where Cherkizovo has a land bank, and this gives us an opportunity to build a vertical integration chain. Leveraging on Cherkizovo's distribution capabilities will help to increase market access for Lisko's products and save on logistics. We have acquired a quality asset at a price below the replacement value, and I am sure this deal will be beneficial for both our shareholders and customers, Cherkizovo CEO Serg