Wynnstay is delighted to announce the acquisition of two agricultural supplies distributors, T&M Williams Ltd in West Wales and Westhope Livestock Supplies Ltd in Herefordshire. The Group has acquired the goodwill and certain assets of T&M Williams Ltd for a cash consideration of up to £0.290m, dependent on certain conditions, with £0.100m paid on completion. Based in Tregaron, West Wales, T&M Williams Ltd is a distributor of animal health products as well as a broad range of other agricultural products.

In addition, Wynnstay has acquired the entire share capital of Westhope Livestock Supplies Ltd of Herefordshire. The cash consideration is anticipated to be up to £0.275m, contingent on ongoing profitability, with £0.165m paid on completion. The business is a specialist distributor of agricultural goods including animal feed supplements, dairy hygiene and animal health products.

Both transactions will further strengthen the Group’s market share in key livestock regions.

Commenting on the transactions, Managing Director, Mr Bernard Harris said

“Both of these businesses are a complementary fit with the Group’s existing business and their acquisition represents further progress in our strategy to act as a consolidator in the sector.

We continue to grow our market share within our core activities and the new business will increase the volume of animal health and associated products sold by approximately 15%, contributing an additional £1.9m to turnover in total.”

For further enquiries please contact:

Bernard Harris, Managing Director ~ Telephone 01691 828512
Paul Roberts, Finance Director
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