Business acquisition – Alexander & Co advises Wynnstay Group PLC on a £9.5 million acquisition

We recently assisted publicly quoted company Wynnstay Group PLC with their acquisition of Humphrey Feeds & Humphrey Pullets for a total initial consideration of £9.5 m in cash. This is the latest in a series of business acquisitions in which Alexander & Co has provided assistance.

Alexander & Co provided Wynnstay Group PLC with financial and tax due diligence of the acquisition.

Wynnstay Group Plc acquired the share capital of Humphrey Feeds & Pullets, a manufacturer and supplier of poultry feed.

The business will remain operating as Humphrey Feeds & Pullets, as a subsidiary of Wynnstay Group Plc.

Gareth Davies, Chief Executive of Wynnstay Group Plc commented:

“We believe that this will be an excellent acquisition for Wynnstay. Humphrey is a long-established, family-owned business, with an 85-year history, which prides itself on ‘advancing poultry performance’. It makes a highly complementary addition to the Group and should be capable of being readily integrated.

Stephen Verber, Partner at Alexander & Co who advised Wynnstay Group Plc commented:

“We are delighted that Wynnstay Group has completed the acquisition of Humphrey Feeds & Pullets. It was a pleasure to work with FD, Paul Roberts, Gareth Davies and their team.

“We hope this acquisition will be a positive step in continuing to build Wynnstay’s growing presence in its UK market”

Business acquisitions and mergers – Alexander & Co Chartered Accountants

Alexander & Co Chartered Accountants assist a wide range of businesses across the UK in providing financial due diligence and tax due diligence for business acquisitions and mergers alongside advising on business restructuring, MBOs/MBIs and flotations as part of our comprehensive range of corporate finance services.

For more information on these services, including our financial due diligence and tax due diligence services for business acquisitions, please visit our dedicated page here