March 11, 2016

 

NWF acquires UK-based ruminant feed producer

                         
 

NWF Group plc, a specialist agricultural and distribution business, has announced its acquisition of Jim Peet (Agriculture) Limited, a well-established ruminant feed manufacturer, in early March.

 

Jim Peet started trading in 1977 and supplies over 50,000 tonnes of compound and blends to dairy, beef and sheep farmers across the North of England and South West Scotland.

 

The business produces a range of compounds and blends from two production sites based at Longtown near Carlisle, and Aspatria near Wigton.

 

The acquisition delivers strategically important manufacturing facilities to support Jim Peet and NWF's feed production. It complements NWF's existing facilities in the Midlands and South West.

 

"The acquisition of Jim Peet further improves our UK feeds market share and provides a strategic manufacturing site in the North to support our development plans in Scotland and the North of England," said Richard Whiring, chief executive of NWF. "This bolt-on acquisition is in line with our stated growth strategy to expand within agriculture and we look forward to working with its management team to develop the business further."

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