Yuhe International Acquires Ten Breeder Farms in China

by Benzinga Staff

January 4, 2011 8:02 AM | 16 seconds read

Yuhe International, Inc.

YUII

today announced that the company's wholly owned subsidiary, Weifang Yuhe Poultry Co., Ltd., entered into a series of asset purchase agreements to purchase ten breeder farms in Liaoning and Henan Provinces, China, for an aggregate purchase price of RMB 108,686,716, or approximately USD 16.4 million.

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Yuhe International Acquires Ten Breeder Farms in China