Australian poultry group Inghams to buy New Zealand peer Bostock Brothers.

Australian poultry supplier Inghams Group has announced its plans to acquire New Zealand peer Bostock Brothers for NZ$35.3m ($21.8m). Bostock Brothers is a supplier of organic chicken and the acquisition will allow Inghams to enhance its capabilities and expand its range. The deal includes the purchase of the Bostock Brothers brand, three farming properties, and a processing plant. The acquisition is expected to be completed by the end of September and will contribute to Inghams' financial performance in the coming years. [Extracted from the article]

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