Wynnstay Group Plc are pleased announce the acquisition of the remaining 50% of the issued share capital of Welsh Feed Producers Limited (WFP) not already owned by the Group. WFP is a manufacturer of ruminant animal feeds and Wynnstay has been involved with the business as a joint venture for nearly 10 years. WFP is based in  Carmarthen in South-West Wales and is a leading supplier of ruminant animal feeds for dairy farmers in the region.

As milk production in the  UK has consolidated over recent years, South-West Wales has become an increasingly important milk producing area and tonnage at WFP's plant continues to increase. Production has also been helped by the capital investment made in the mill over the course of 2007 which has enhanced product quality and output. Full ownership of WFP will enable Wynnstay to integrate the business within its existing Feed Division and to introduce further operational efficiencies.

Ken Greetham, Chief Executive of Wynnstay, said,

" We are delighted to be acquiring Welsh Feed Producers in full. WFP is a leading feed manufacturer in the increasingly important South Wales Milk Field and we look forward to working with the business to integrate it successfully within our existing Feed Division and to establish our core brand in the area.

The integration should bring benefits to both Wynnstay and WFP as we further strengthen our market share and widen our geographic distribution base."

For further details contact:

Ken Greetham. Chief Executuve ~ Telephone 01691 828512
Paul Roberts, Finance Director
▲back to top▲