Company News
Genus expects interim growth, despite Covid-19
Global cattle and pig genetics business Genus expects a significant increase in profitability from both its species divisions from its first half figures to be published at the end of February. The UK-based company forecasts an adjusted pre-tax profit of between £47.0...
Azelis to distribute Perstorp feed additives in GB
Azelis, the Belgian multinational distributor of specialty chemicals and food ingredients, is to distribute the Perstorp range of animal nutrition products in Great Britain. The move extends the existing partnership between the two companies across the rest of the...
InVivo Group to acquire Soufflet
Two of France’s largest grain trading businesses, both with international reach, are in exclusive negotiations over a potential merger, subject to shareholder and regulatory approvals. The InVivo Group co-operative is proposing to acquire 100% of the family owned...
Update shows AB Agri 10% ahead of previous year
A trading update from Associated British Foods shows revenues for its Agriculture division, AB Agri, in the 16 weeks to January 2nd 2021 were 10% ahead of the previous year at last year at £507 million (£463m). The AB Sugar division saw revenues up 6% to £545m...
Big Farming Survey on sector wellbeing
Farming charity RABI has launched what it says is the largest ever wellbeing survey of its kind in England and Wales. The Big Farming Survey, which aims to gather 26,000 responses from farming people, will help identify how increasingly complex challenges in the...
Tilbury ships oilseeds direct to ADM Erith
UK oilseed crusher ADM Erith is now receiving imported rapeseed via the River Thames from the Port of Tilbury, which saves the need for road transport. The two businesses have launched a twice-daily coastal barge operation to deliver oilseed rape from the port’s grain...