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F H Nash Ltd buys John Loader (Wessex) Ltd from Openfield
May 20th, 2010
Leading horse feed business, Braintree- based F H Nash Ltd, has bought the John Loader (Wessex) Ltd business from Openfield.
F H Nash Ltd says that the business - based at Fordingbridge in Hampshire and which markets a range of leading brands, including Badminton Horse Feeds - ideally complements its current operation and is an important next step in its growth and development programme.
Openfield had been searching for the right owner for John Loader (Wessex) Ltd for some time. It is a business that, in recent years, sat firmly outside its core commercial activity of grain marketing and seed and fertiliser supply
Announcing the sale, Openfield managing director, Tim Davies, said: `I am very pleased to have been able to place John Loader (Wessex) Ltd with a company that is totally committed to the animal feed sector and to investing in its future success.`
F H Nash Ltd is the second largest horse feed manufacturer in the UK and intends to continue to run the business as a going concern. This was a key factor for the Openfield Board in deciding to accept their offer for the company.
F H Nash Ltd managing director, Paul Venner, said: `The Fordingbridge operation marries perfectly with our existing business and enables John Loader products to be distributed economically alongside our Baileys Horse Feeds and Fancy Feeds brands. `
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