Bachoco Reaches Acquisition Agreement of RYC Alimentos, in Mexico

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Dec 14, 2021

Industrias Bachoco S.A.B. de C.V. (“Bachoco” or “the Company”) (NYSE: IBA; BMV: Bachoco), announced today, that Mexican Antitrust Authorities (COFECE) agreed with the purchase of 100% of the stocks of RYC Alimentos (RYC), deal that we will close in the following days so we can start with the integration process. This concludes the approval process that Bachoco initially announced in December 2020.