date:May 08, 2012
The company employs about 1,000 people.
CTB chief executive Victor A Mancinelli said the acquisition joins together leading companies in two distinct sectors of the poultry industry.
The acquisition will provide CTB with the ability to offer global poultry companies total solutions from grow-out through the eventual processing cycle, Mancinelli added.
CTB was acquired by Berkshire Hathaway, an American multinational conglomerate holding company headquartered in Omaha, Nebraska, US, in 2002.