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Centurion acquires poulty breeding division of Pureline Genetics


January 7, 2009
By Centurion Poultry

Topics

January 7, 2009-

Effective January 1,
2009 Centurion Poultry, Inc. has purchased  all the Connecticut based  assets, genetic stock and trade names  from Pureline Genetics LLC.


This 
purchase  will  mark a return to the broiler breeding
business of  Centurion Poultry. In 1991 Centurion briefly entered the
broiler breeding business  when it took
over the assets of “Hypeco USA Inc.” and continued  to market broiler genetics 
under the “Avico”  trade
name  until the Company  decided to concentrate on the  further development of its  market for layer breeding stock and exited
the broiler business in 1993.

 

Pureline Genetics was started as a primary
breeding company by Henry Saglio in 2000. In 2004  a Venture Capital group invested additional funds  to allow the Company   to make a strong start as a supplier of
breeding stock to the broiler industry. 
Due to several reasons  it did
not result in a strong market penetration 
the Company had  hoped for.  As a result of accumulating losses and
disappointing sales, the investors decided to divest themselves from the
poultry breeding.

 

While there will be very few operational
changes at its base in Preston, Connecticut , 
Dominic Saglio , Location Manager and Harris Wright, Director of Genetic
Research will  continue to manage the
operations. However, there will be an overhaul in the  domestic and international 
marketing and customer support departments which is expected to be
completed by the  summer of 2009.

 

For
more information visit www.centurionpoultry.com   and  www.purelinegenetics.com