Perdue Farms is selling certain assets from Heritage Breeders, its genetics and primary breeder program, to poultry breeding company Cobb-Vantress. Financial terms of the transaction have not been made public.
Julie DeYoung, spokesperson for Perdue Farms, based in Salisbury, Maryland, confirmed on August 19 that the company has sold the intellectual property as well as several supporting assets of Heritage Breeders to Cobb-Vantress, a subsidiary of Tyson Foods. Assets included in the sale include company-owned primary breeder farms that directly support the company’s primary breeder operations.
Perdue Farms started its breeding program in the 1970s, which evolved into Heritage Breeders.
Employees at the Heritage Breeders facilities involved in the sale will become employees of Cobb-Vantress, according to DeYoung.
Based in Princess Anne, Maryland, Heritage Breeders offers birds that deliver the highest white meat yields available. Its signature birds are the Heritage 32 broiler breeder female and the Heritage 78 broiler breeder male. The breeds had been used for not only Perdue Farms stock, but also for stock used by other poultry companies.
Founded in 1916 in Massachusetts, Cobb-Vantress is the world’s largest oldest poultry breeding company, according to its website. Since that time, it has grown and remains one of the world’s largest poultry breeding businesses. It was fully acquired by Tyson Foods in 1994.
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