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New Deal


Announced

Velcourt Group completed the acquisition of a 50% stake in Oakbank Game & Conservation.

Synopsis

Velcourt Group, a farm management and advisory services provider, completed the acquisition of a 50% stake in Oakbank Game & Conservation, a supplier of seeds, plant and woodland management consultancy. Financial terms were not disclosed. “Climate change and the threat to biodiversity, the natural environment and agricultural productivity dictate the need for a fresh perspective when it comes to rural land use in the UK. The skills around natural capital and the environment within Oakbank are entirely complementary to Velcourt’s long established track record of profitable farm management and land use and will create synergies with the existing farm management, advisory and livestock side of our business. We very much look forward to working with the Oakbank team in developing our respective businesses to meet the needs and aspirations of our clients," James Townshend, Velcourt Chairman.

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