Pork Production Business in Canada
In December 2012, ITOCHU acquired a 33.4% stake in HYLIFE GROUP HOLDINGS LTD., one of Canada’s leading pork producers. HYLIFE conducts an integrated production (from genetics, live production, and feed mill to pork processing), primarily in Manitoba. Taking advantage of its integrated production system, HYLIFE supplies safe, secure pork to markets around the world. HYLIFE also supplies value-added specialty pork to the Japanese market, using differentiated feeding to meet customer requirements. Employing ITOCHU’s marketing network, we plan to expand sales of HYLIFE’s safe, secure pork, centering on the Asian market. In addition to Japan, we plan to target the Asian markets, centered on China, where consumption continues to grow. Moreover, in the Chinese market ITOCHU will expand its
business with the Longda Foodstuff Group—a significant partner of ITOCHU—through technical exchanges in the area of pig production.