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New Deal


Announced

ForFarmers and 2Agriculture to form a joint venture.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Food Products

poultry feeds

Pending

United Kingdom

Private

Single Bidder

Cross Border

Majority

Joint Venture

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Synopsis

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ForFarmers, an international feed company, and 2Agriculture, a subsidiary of Boparan and one of the UK's largest suppliers of poultry feed, agreed to form a joint venture. Financial terms were not disclosed. The joint venture will have a balanced feed portfolio across species, with an expected combined sales volume of more than 3m tonnes of compound feed per year. At the same time the joint venture makes for a robust business, with improved expertise and presence across species, to successfully meet the changing demands from the entire value chain.

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