Partly Cloudy

Partly Cloudy

max temp: 11°C

min temp: 6°C

Search

Ipswich/Bury St Edmunds: BOCM Pauls owner ForFarmers expands UK presence with acquisition of Wheyfeed

PUBLISHED: 11:21 02 July 2014 | UPDATED: 11:21 02 July 2014

Iain Gardner, UK chief operating officer at ForFarmers, owner of BOCM Pauls.

Iain Gardner, UK chief operating officer at ForFarmers, owner of BOCM Pauls.

Archant

Dutch livestock feed group ForFarmers, which operates in the UK through its Ipswich-based subsidiary BOCM Pauls, has further expanded its presence in Britain with the acquisition of Wheyfeed.

The deal values Wheyfeed, which is based at Stanton-on-the-Wolds, near Nottingham, and has a workforce of 82, at 5million euros (about £3.9m).

Wheyfeed sells more than 200,000 tonnes of liquid feed a year, based on co-products from the food, drink and biofuel sectors, and last year generated revenues of around £10m.

The company, which also operates a fleet of 35 liquid tankers, will now become part of ForFarmers’ UK business, with all employees being retained.

ForFarmers, which is based at Lochem in the Netherlands, said the acquisition was consistent with its objective to consolidate and expand its leading position in its markets and would contriibute to group earnings during the current year

Iain Gardner, ForFarmers’ chief operating officer in the UK, said: “This acquisition builds on ForFarmers Total Feed Business approach; the ability to provide livestock nutrition in whatever form our customers require it.

“Liquid co-products sourced from the food, drink and biofuel industries form an important part of many livestock farmers’ nutritional inputs. The animal feed sector provides the food industry with a highly sustainable market for these materials.

“The acquisition of Wheyfeed Ltd represents a significant addition to our existing portfolio of co-products, straights and minerals and will enable us to offer a wider range of products to our customers in the ruminant and monogastric markets.”

He added: “I am pleased to welcome all of the employees of Wheyfeed Ltd, who bring with them a wealth of experience and their own perspective on the liquid feeds market.”

BOCM Pauls, a member of the EADT/EDP Top100 listing of the 100 largest companies in Suffolk and Norfolk, was acquired by ForFarmers in 2012, in a deal valued at about £71m. Besides its Ipswich head office, its presence in East Anglia also includes mills near Bury St Edmunds and Diss.

ForFarmers expanded its presence in the UK market earlier this year with the acquisition of HST Feeds, based in Crewe, Cheshire, in a deal valuing the business at around £11.9m.

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other Ipswich Star visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by Ipswich Star staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique Ipswich Star account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Police are appealing for help in tracing a missing 15-year-old boy from Melton near Woodbridge.

Police have cordoned off an area in Newmarket after they received a report of rape in the town in the early hours of this morning.

A military site just outside Ipswich has always had an air of mystery about it, writes John Norman, of The Ipswich Society.

Lots of us will be looking for things to do this spring – particularly around the time of the Easter school holidays.

A former Northgate Grammar School pupil who has become an experienced choir and orchestra conductor will be returning to Ipswich for a homecoming performance.

Great British Pottery Throwdown winner Ryan Barrett is among the artists to have donated artwork to a charity auction being held on the Waterfront, in Ipswich.

An air ambulance regularly flown by Prince William “narrowly avoided” a collision with a remote-controlled drone, an official report has claimed.

When Suffolk-born Andy Reilly takes to the water this summer for the county’s biggest swimming challenge, it will be a tribute to two of his closest family members who were both struck with blood cancers.

Orwell Park School near Ipswich has held its annual charity fun run.

It was a case of déjà vu for an Ipswich Hospital practitioner who recently found herself caring for newborn twin girls - 24 years after she looked after their father.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Newsletter Sign Up

Sign up to receive our regular email newsletter
MyDate24 MyPhotos24