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Vitarich to Buy Davao Breeder Farm for P280M
The Philippine Star
|September 03, 2025
Poultry and feed producer Vitarich Corp. yesterday said its board has approved an agreement to acquire breeder-farm facilities in Davao del Sur in a transaction valued at up to P280 million to strengthen its operations in Mindanao.
In a disclosure to the Philippine Stock Exchange, the company said it entered into a memorandum of agreement (MOA) with Broilers Club Inc. (BCI), a private domestic corporation, and its shareholders on Sept. 1.
The transaction is subject to a due diligence review, which will begin upon the signing of the MOA and must be completed within 90 days of receiving all required documents from BCI and its shareholders.
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