May 23, 2016


Moy Park to focus on poultry feed manufacturing, sells ruminant business




Moy Park has announced that it will focus on the manufacturing of poultry feed at the Moy Park Feedmill Randalstown.


The move is in line with the company's expansion of production to meet increasing demand for its high quality fresh local poultry products.


"Moy Park has undergone significant growth over the past two years where we are now processing over five million fresh chickens per week throughout the UK," David Gibson, Moy Park's director of agriculture, said. "Now is the right time to optimise our own mill capacity in support of our business and this will also enable a GBP1.2 million (US$1.7 million) mill investment to be made in 2016." 


In addition, Moy Park's McLarnon ruminant business will be sold to John Thompson and Sons Ltd.


"McLarnon's ruminant business is a natural match with Thompson's own expertise in this field of livestock production, and we are pleased to see it transfer to an environment where it will continue to thrive and grow in the future and where the long heritage of McLarnon's will continue," Gibson added.


Thompson's CEO, Declan Billington, commented that McLarnon's strong reputation for quality products and excellent technical support fitted perfectly with the Thompson philosophy.


"Given Moy Park's focus on poultry expansion, and our long-term relationship with them, it seemed only natural that we would come together to support the growth prospects of the McLarnon ruminant business," Billington said.


"The business will continue to trade its own unique brand and range of products and services with which the McLarnon customer base is comfortable. We view this as a complementary business to our own, and we believe this acquisition will enable us to support the future growth ambitions of the McLarnon sales team."

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