31 March 1995

FAF buys German firm

FARM finance group FAF has expanded into Europe with the acquisition of German counterpart, Figelag.

The company has an established business in providing funding for German farmers, working in conjunction with leading manufacturers and dealerships.

FAF has also reported a record turnover for 1994, up 60% at £228m, spearheaded by a 39% rise in its GrowCash service for buying seed, fertiliser and fuel. &#42