York based feed firm in buyout deal
(York) Ltd, one of the region's oldest and
largest animal feed producers, based in York, England, has been acquired by its
management team for an undisclosed sum.
The £15 million
(€22.4 million / US$30.9 million) turnover company, which has 47 staff,
provides a wide range of dairy, pig, beef, sheep, game and fish feed compounds
to farmers throughout Yorkshire and the north-east.
Richardson, who lead the buyout deal said: "This has been a carefully-planned
transfer which evolved over a number of years. It rewards the former owners for
their hard work in building up the business, and hands over control to a
highly-experienced management team. "Our independence remains intact and we will
continue to offer our high-quality products and service.
sensible and sustainable growth plans, but the underlying message all round is
that it is business as usual, providing performance feeds with a strong
nutritional base and a high degree of customer service."
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