date:May 30, 2014
Genus, a leading global animal genetics company, says that it has agreed with Yunnan Shennong Agricultural Group Co. Ltd. (Shennong'') that Genus and Shennong will not proceed with the establishment of a joint venture at the present time.
Shennong, an integrated pork processor in the Yunnan province in China, had planned to expand its pig production operations. On 25 February 2013, Genus announced that it had signed an agreement with Shennong for the establishment of a new joint venture, to bui