strategic priorities. Gareth Davies, Chief Executive Officer
WYNNSTAY GROUP ACQUIRES FEED MANUFACTURER AND SUPPLIER, TAMAR MILLING
LIMITED Wynnstay is pleased to announce that it has acquired the entire share capital of Tamar Milling Limited (“Tamar”), a manufacturer and supplier of blended feed products, for an initial consideration of £1.4m, with a deferred consideration of up to £0.1m payable dependent on performance. The acquisition is expected to be immediately earnings enhancing. Established in 1994, Tamar is based
in Whitstone, Cornwall, and manufactures and supplies a range of blended and coarse mix feed rations for dairy cows, cattle, and sheep to approximately 250 farmers, mainly in the south-west of England. Approximately 25,000 tonnes of feed is supplied annually. Tamar also operates a successful ‘on-farm’ grain milling service for farmers wanting to use home-grown or purchased grain in their livestock rations. Following its acquisition, Tamar’s founder, Nick Furse, will join Wynnstay in a senior commercial feed role and continue to lead Tamar’s operations. In the year ended 30 September 2021,
Tamar generated revenues of £6.40m, and a profit before tax of £0.42m. Net assets at 30 September 2021 were £0.92m. The acquisition of Tamar is in line
with the Group’s strategy of acquiring businesses that complement its existing activities and bring further benefits. Tamar significantly strengthens the Company’s presence in the south-west of England, adds a new farming customer base, additional supply chain relationships and significant cross-selling opportunities. It also establishes Wynnstay with its first feed manufacturing facility in the region, enabling it to provide its own bulk feed offering in the area. The initial consideration of £1.4m
paid on completion is subject to a net asset adjustment to be calculated based on completion accounts. The deferred consideration of up to £0.1m is payable dependent on product volumes transacted in the first twelve months following completion. The Group is funding the acquisition from its existing resources. The acquisition of Tamar is the
potential acquisition referred to in the Company’s announcement of 17 August. The second larger potential acquisition referred to in the same announcement is no longer under consideration as commercially acceptable terms were not reached. The Company continues to review a number of acquisition opportunities that meet its
of Wynnstay Group plc, commented: “Tamar is a long-established, high-quality manufacturer and supplier of blended animal feed and ‘on-farm’ grain milling services to farmers in the south-west of England. Like Wynnstay, it places a strong emphasis on customer service, and has a significant customer base. “Tamar is highly complementary and
will be immediately earnings enhancing. It fulfils multiple acquisition criteria. It increases our presence in the south-west, adds new farmer customers and provides us with our first feed manufacturing facility in the area. We look forward to working with our new colleagues and to continuing Tamar’s successful growth.”
BASF WINS AWARD FOR FARMING THE BIGGEST JOB ON EARTH
CAMPAIGN BASF Agricultural Solutions has won the Crop Science Award for the “Best Public Outreach Programme” category for its public advocacy campaign, Farming, The Biggest Job on Earth. The awards were presented by S&P Global Commodity Insights and recognise excellence in the crop protection and digital agriculture industries worldwide. BASF’s podcast series, “The Science Behind your Salad”, was a finalist in the same category. “Farming, The Biggest Job on Earth”, is
a global campaign for farmers and farming which takes a stand to support farmers and by raising a greater public awareness and understanding of farming and its practices via events and storytelling. “The campaign places farmers and
farming at its core,” says Ali Milgate from BASF. “Recently we have hosted a Biggest Job on Earth fun fair stand at agricultural events, including LEAF’s Open Farm Sunday, which was visited by over 3000 people from all over the UK. The interest in farming is so strong, and it’s been heart-warming to see the level of support for farmers, fascination in how they produce our food and manage our nation’s landscapes.” As part of its UK campaign, BASF has
launched the Biggest Job on Earth podcast. Each episode takes a theme central to farming and incorporates interviews with farmers themselves and others involved in the food production supply chain. Ali adds: “The first episode ‘Where’s
your bread at’ includes interviews with Andrew Ward, who is an open and honest ambassador for farming, East Lothian farmer and miller, Angus McDowall and a third generation Lincolnshire baker, Pete Welbourn. It’s a lovely celebration and explanation of the challenges and rewards
PAGE 46 JANUARY/FEBRUARY 2023 FEED COMPOUNDER
of the UK cereal harvest and the products that we make from it.” The podcast is available on all of the
podcast platforms and future episodes will share the successes and challenges that farmers face, and will demonstrate their true societal impact. Two more episodes will be launched this year – the first focuses on managing personal resilience during challenging times, the second will be a series of interviews with farmers who produce our Christmas dinner. In 2023, Farming, The Biggest Job on
Earth aims to continue to bridge the gap between farming and food and to engage with new and diverse audiences. “We will also be partnering with
LEAF to relaunch ‘Why Farming Matters’ materials,” Ali says, “which will support the teaching of primary school pupils across the UK about the science, knowledge and effort that goes into producing the food we eat.”
SFT POULTRY CONFERENCE
2023 The SFT Poultry conference is approaching soon and is due to be held on the 19th January 2023 at the Windmill hotel in Coventry. Booking is now available on the SFT website under events and conferences. Please note, you do need to be a member of the SFT to attend this event. The agenda for the day can be view
below: Agenda
9:55 - Welcome: Conference Chair. Saad Gilani
10:00 - Feeding and nutrition of slow growing broilers. Dr James Bentley Hubbard
10:35 - Responses to Metabolisable Energy and Balanced Protein in Ross 308 Broilers. Adam Sacranie, Aviagen
11:10 -Nutritional strategies for sustainable poultry production with focus on no phosphates and reduced soya. Emily Burton, Nottingham Trent University
11:45 - Poultry Net Zero - a retailers’ perspective Jocelyn Orr Sainsburys
12:20 - LUNCH 13:40 - Conference Chair: Saad Gilani
13:45 - Factors affecting yolk pigmentation including types of pigment, disease and environment challenges. Verane Gigaud DSM
14:30 - Global Food Security Professor Patrick Wall Professor of Public Health, University Colleague Dublin
15:15 - Postbiotics - what are they and how they can benefit the laying hen. Dr. César Ocasio Vega SENS nutrition
16:00 - Close of conference and Tea.
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