The Philippines’ Vitarich Corporation is moving forward with a strategic acquisition that could significantly boost its poultry production capacity.
On September 1, 2025, the company’s board approved a Memorandum of Agreement with Broilers Club Inc (BCI) and its shareholders, paving the way for the purchase of breeder farm assets in Davao del Sur.
The agreement outlines the potential purchase of land, equipment, 125,000 common shares, and shareholder advances, with a total transaction value of approximately USD 4.9 million (PHP 280 million).
The acquisition is not yet finalized and remains subject to a due diligence review. This process will begin immediately and is expected to conclude within 90 days of receiving all required documentation.
If due diligence confirms the viability of the transaction, BCI will become a subsidiary of Vitarich, and the facilities will be integrated into its breeder operations.
The additional capacity could increase Vitarich’s total breeder output by up to 8%. Management has stated that the transaction is not expected to disrupt current operations and views it as a strategic move to support long-term growth.
Strengthening leadership for growth
Coinciding with the planned acquisition, Vitarich has appointed two new Vice Presidents to strengthen its executive team.
Jose Maria Yabut joins as Vice President and Veterinary Health Director. A licensed veterinarian with over 30 years of experience, Dr Yabut is a respected poultry health expert and industry mentor. He was named Most Outstanding Veterinarian in Farm Practice by the Philippine Veterinary Medical Association in 2023.
Meanwhile, Geronimo Collado II has been appointed as Vice President for Strategic Planning and Business Development. With over two decades of experience in sales, marketing, and corporate strategy, Mr Collado brings a proven track record in product innovation and market expansion. His appointment signals Vitarich’s commitment to driving sustainable growth across its agribusiness portfolio.
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