On January 13, 2025, BAF Vietnam Agriculture Joint Stock Company (HOSE: BAF) announced the successful acquisition of 60% stakes game nổ hũ rút tiền mặt Nhat Quyet Livestock Co., Ltd. and Minh Phat Livestock Co., Ltd. These are 13th companies which BAF has acquired within over two months after signing the strategic partnership with Muyuan Group.
Specifically, BAF acquired 60% stakes game nổ hũ rút tiền mặt Nhat Quyet Livestock Co., Ltd. and Minh Phat Livestock Co., Ltd., which owning an area of 14.6 ha and 15.5 ha respectively, with livestock scale of 4,500 sows per company. Both companies have registered capital of 60 billion VND and are located game nổ hũ rút tiền mặt Binh Phuoc province.
After signing a strategic partnership with Muyuan Group (a world-leading livestock corporation), BAF has conducted 13 acquisitions game nổ hũ rút tiền mặt the past two months. These companies own land and facilities and are completing legal procedures before commencing construction.
These farms are expected to be operational from 2025-2026, with an estimated capacity of nearly 63,000 sows and 500,000 market hogs.
Currently, BAF owns over 36 high-tech farms, including 9 certified with Global GAP standards. It also operates 2 animal feed factories – capacity of 460,000 tons per year (certified Global GAP and FSSC22000), 65 SibaFood stores and 350 Meat Shops. BAF’s total herds has reached over 550,000 pigs, equating to an annual capacity of 1 million commercial pigs.
This continuous M&A activity aligns with BAF’s strategy to become Vietnam’s leading livestock company. With Muyuan’s support, BAF is confident game nổ hũ rút tiền mặt achieving sales of over 1 million pigs game nổ hũ rút tiền mặt 2025 and 10 million pigs by 2030.
game nổ hũ rút tiền mặt the context of the Livestock Law effect from January 1, 2025, this is considered a very suitable period for BAF to increase market share.
Impacts of the Livestock Law Effective January 1, 2025
The Livestock Law prohibits livestock farming game nổ hũ rút tiền mặt unauthorized urban and residential areas from January 1, 2025. Tens of thousands of small-scale farms that fail to meet the standards will have to close or relocate.
game nổ hũ rút tiền mặt Dong Nai province, 1,979 establishments have ceased operations or relocated. By December 31, 2024, 1,971 ceased farming, and the remaining relocated to rural areas.
game nổ hũ rút tiền mặt Chau Duc district, 1,005 farms game nổ hũ rút tiền mặt restricted areas must cease or relocate by December 31, 2024. Among them, 740 farms with livestock weighing over 500kg are eligible for relocation support, with 70% ceasing operations as of December 16, 2024. game nổ hũ rút tiền mặt Bac Ninh province, 4,947 farms are game nổ hũ rút tiền mặt restricted areas and subject to relocation.
This regulation aims to align with international practices, enhancing livestock quality while reducing disease risks and environmental impact. However, relocations have impacted pork supply, driving prices up by 15% (from 61,000 VND/kg to 70,000 VND/kg). Prices are expected to rise further approaching Lunar New Year, presenting growth opportunities for modern livestock companies like BAF.
“Founded game nổ hũ rút tiền mặt 1992 game nổ hũ rút tiền mặt Nanyang, Henan province, Muyuan Group has developed a vertically integrated livestock production chain, including feed processing, pig farming, slaughtering, and meat processing. Its main products are commercial pigs, breeding pigs, piglets, and pork
Muyuan Group has total assets of 210 billion CNY (29.4 billion USD) and employs 140,000 people. Its subsidiary, Muyuan Foods Co., Ltd., operates pig farms game nổ hũ rút tiền mặt 218 counties across 104 cities game nổ hũ rút tiền mặt 24 provinces game nổ hũ rút tiền mặt China. game nổ hũ rút tiền mặt 2023, Muyuan supplied nearly 64 million pigs to the market, ranking as the world’s largest producer.”