BOCM60,000t feed acquisition
BOCM60,000t feed acquisition
BOCM Pauls has acquired 60,000t of pig and poultry tonnage from Countrywide Farmers and SCATS for an undisclosed sum.
Most of the tonnage was produced at Countrywides Defford, Worcs mill, which closed at the end of May. This produced 110,000t a year of both ruminant and mongastric feed. The balance will be taken up be the companys Finmere and Melksham mills.
The move completes another stage of the proposed merger between Countrywide and SCATS, and allows Countrywide to concentrate on ruminant feed production in line with most shareholders interests, says John Rutherford, managing director of Country-wides agricultural division.
It follows confirmation of Countrywides purchase of SCATS feed business on June 1, the same day that a reverse deal on the grain divisions was agreed.
The proposed merger remains on track, says Mr Rutherford.
"Our annual reports, released in late summer, will be a vehicle to present it to shareholders." *