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Hypor Finalizes France Hybrides Bid
FRANCE - Hypor, the pig breeding division of Hendrix Genetics, has acquired France Hybrides from Groupe Glon.
The acquisition of France Hybrides fits with Hypor’s strategy to have leading positions in significant pork production markets in the world. The combination of genetic resources with local market focus is also consistent with Hypor’s mission as “The World’s Local Breeder”.
Under the terms of agreement, France Hybrides, which is globally known as a leading breeder of pigs, will become a legal part of Hendrix Genetics s.a.s. Distribution activities of France Hybrides products in France will continue through the current network including Groupe Glon / France Genes.
“The combination of Hypor and France Hybrides is an excellent fit. The strong gene pool and market position of France Hybrides as well as the extensive research work in place make this very attractive for our customers,” said Dave Libertini, Managing Director of Hypor.
Didier Goupil, Managing Director of France Hybrides, agrees that the acquisition brings new opportunities. "We are pleased to be joining Hypor and Hendrix Genetics. They recognize the value of our organization and will open new opportunities for our products throughout their global network. Our customers will see the benefits of this alliance and our employees will also feel at home with this company," he said.
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