Moy Park has today announced the sale of its McLarnon’s ruminant feed business to animal feed manufacturer, John Thompson and Sons Ltd.
Moy Park says it will focus on the manufacture of poultry feed at the Moy Park Feedmill, Randalstown in line with the company’s expansion of production to meet increasing demand for its high quality, fresh, local poultry products.
David Gibson, Moy Park’s Director of Agriculture, said: “Moy Park has undergone significant growth over the past two years and we are now processing over five million fresh chickens per week throughout the UK. Now is the right time to optimise our own mill capacity in support of our business and this will also enable a £1.2 million mill investment to be made in 2016.
“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.”
Commenting from a Thompson perspective, CEO, Declan Billington said 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. 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,” he said.