CRI to Purchase Mexican A.I. Company

By CnAgri2012-08-09 19:27:55 Print

The Shawano-based Cooperative Resources International has signed a letter of agreement to acquire Reproducci髇 Animal S.A. de C.V. of Tlalnepantla, Mexico. In a news release, CRI said managers from both firms are finalizing business plans with an expected transition date of January 1, 2013.

RASA has had a long working relationship with CRI, as the business has been the exclusive distributor of CRI bovine genetics throughout Mexico for the past 40 years.

"RASA is a very successful organization. Year after year, they have been among our top distributors," said Huub te Plate, CRI Vice President of International Marketing. "We appreciate RASA's commitment and cooperation over the past four decades and look forward to working alongside our RASA colleagues in this new business relationship."

CRI is a member-owned agricultural holding cooperative consisting of two subsidiaries: AgSource Cooperative Services and Genex Cooperative, Inc.