"Tavros" and "Komos Group" claim to buy the poultry farm "Komsomolskaya"
The poultry farm with a capacity of 650 million eggs per year was previously part of the Healthy Farm Group of Companies , ex-shareholder of Binbank Mikail Shishkhanov. In 2018, after the announcement of the Central Bank on the reorganization of Binbank, control over the "Healthy Farm" was received by the bank of non-core assets "Trust". The products of the poultry farm under the Healthy Farm brand are sold in 20 regions, 90% of sales come from the largest federal chains. The company has permission to EXPORT to the countries of the Customs Union, the Persian Gulf and Thailand. According to the Rosptitsesoyuz rating, last year the poultry farm produced 683 million eggs and became the ninth in the country by this indicator.
Komos Group is already engaged in the production of eggs and ranks fourth in RUSSIA in terms of their release. The agricultural holding also processes MILK and produces pork. GC "Tavros" manages 117 thousand hectares of arable land, produces MEAT , SUGAR and confectionery. At the end of 2022, the Agroasset Management company, which is associated with Tavros on the market, acquired the Bashkirskaya poultry farm with a capacity of 750 million eggs per year from the Cherkizovo group”, the latter had previously bought it from Trust. The acquisition of Komsomolskaya will allow the structures of Tavros to produce 1.4 billion eggs per year, and with additional investments, production can be increased to 1.5 billion eggs per year, Genrikh Arutyunov, CEO of Trust-Poultry Assets Management Company, said earlier.
A Kommersant source on the market noted that the average profitability in the production of edible eggs is significantly lower than in the production of poultry meat, but investors are attracted by the opportunity to consolidate several large enterprises and optimize costs.
According to Konstantin Korneev, Executive DIRECTOR of Rincon Management, the Komsomolskaya Poultry Farm is a large and sustainable enterprise for the region. “It is large enough to have optimal production and economic performance,” he said. “If the business is small, the costs are higher, for large enterprises the situation is different, since the costs relative to production volumes are quite low.”
During the period while the asset was under the control of Trust, all production indicators as a technological infrastructure were in order, Korneev noted. Therefore, the enterprise can be purchased as a ready-made operating business with clear economic indicators. “Difficulties will concern only issues related to the supply of feed. In terms of egg sales, the market is understandable, but the cost of eggs is largely grain, - said Korneev. “I’m talking not only about the cost of grain, but also about the components of their production – the availability of agricultural machinery, the application of plant protection products, fertilizers, and so on.”
The fact that Trust Bank is selling the Komsomolskaya poultry farm became known in April 2023. General Director of Rosptitsesoyuz Galina Bobyleva then said that the average annual profitability of egg poultry farms is 7%. In her opinion, this is not the level that can allow investing in the development of production. At the same time, during the summer period, poultry enterprises often operate with lower profitability, since the egg market is saturated. “However, since the egg has always been and will be in demand on the market, this asset is interesting for a potential investor and will definitely find its buyer,” she noted.
An industry source familiar with the asset being sold said that the Komsomolskaya poultry farm is in good condition and is one of the significant players in the Urals. “This is an interesting asset for making money, but it will show itself best in the hands of a specialized investor who will understand how to provide such an enterprise with feed, equipment, consumables,” he explained.