Wynnstay buys Youngs Animal Feeds
Wynnstay in the UK completed the acquisition of Youngs Animal Feeds. It completed the buy for GBP750,000.
Wynnstay previously owned 50% of the issued share capital of YAF, an equine feed manufacturing and pet products distribution business based in Standon, Staffordshire, with distribution centres in Congleton, Cheshire and Huyton on Merseyside.
Ken Greetham, chief executive of Wynnstay, said: "Having built up a strong working partnership with Youngs Animal Feeds over the past eight years as a joint venture, we are delighted now to have acquired the business in full.
"Youngs Animal Feeds is a leading equine feed manufacturer with a well established position in the wholesale market and represents a highly complementary fit with our existing feed activities. "As we integrate the business within the group, we look forward to maximizing its full growth potential."
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