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Animal feed company NWF aquires competitor SC Feeds

09-12-2013 | |
Feed company NWF aquires competitor SC Feeds
Feed company NWF aquires competitor SC Feeds

NWF, the UK’s second biggest supplier of ruminant animal feed, has bought competitor SC Feeds for up to £6.75m (€8 million), with the final figure to be decided early next year.

SC Feeds produces more than 80,000t of compound and blended feed a year, and had assets of £1.25m (€1.49m) and profits before tax of £760,000 (€907,000) in the year ending 30 April 2013. NWF supplies more than 4,000 UK farmers with 481,000t of feed a year, has assets worth £58m and reported profits of £9.7m (€11.5m) in the year ending 31 May 2013. The company also distributes groceries and fuel.

Starting as a farmers’ group in 1871 and then becoming a co-operative, NWF became a limited company in 1988. It feeds one in seven dairy cows in Britain while SC Feeds has supplied ruminant feed since 1991 from its mill in Stone.

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