Genus buys Genetiporc for £25m

FTSE 250 bull and pig semen specialist Genus yesterday said it has acquired Genetiporc, the pork genetics business of Aliments Breton Foods Group, for £24.8m. Genetiporc is based in Canada and has operations in the US and Mexico, as well as a joint venture in Brazil. “Genetiporc is an excellent fit with Genus’ existing business in the Americas, further strengthening our market position in that geography,” said chief executive Karim Bitar.