La Broquerie based hog producer Hytek has signed a major deal to purchase significant equity interest in Chongqing Tianson Food holdings based in Chongqing, China.
Tianson Foods owns a feed mill, pork production facilities, slaughtering, and processing plants, as well as a chain of retail meat stores in China. In a related deal, Fast Genetics Incorporated, a subsidiary of Hytek based out of Saskatchewan, has signed a licensing and dealership agreement with Tianson Foods to use and distribute Fast Genetics in China. Fast Genetics will export genetics to China to populate nucleus facilities owned by Tianson Foods.
Tianson Foods owns a feed mill, pork production facilities, slaughtering, and processing plants, as well as a chain of retail meat stores in China. In a related deal, Fast Genetics Incorporated, a subsidiary of Hytek based out of Saskatchewan, has signed a licensing and dealership agreement with Tianson Foods to use and distribute Fast Genetics in China. Fast Genetics will export genetics to China to populate nucleus facilities owned by Tianson Foods.