Tue, 21 Jan 2025 | BUSINESS SALE
Listed UK-based food group Cranswick has bought the entire share capital of JSR Genetics from JSR Farms.
JSR Genetics is a leading UK-based pig genetics supplier and commercial pig producer, located in East Yorkshire and is renowned for its innovative genetic solutions for cost effective pig production. It is a longstanding supplier to Cranswick.
The company, alongside JSR Farms, is owned by the Rymer Family. The two businesses have been run side by side, with all the wheat, barley and rye grown fed to the pig herd, the straw used for bedding and in return the organic manures returned to the land to improve soil health and crop yields.
According to Pig World JSR Genetics is the exclusive distributor for Netherlands-based Topigs Norsvin's genetics in the UK, with 8,000 high health nucleus and multiplication sows. In addition, JSR Farms has more than 3,000 commercial sows, producing more than 2,000 pigs per week for slaughter.
JSR Genetics was founded by John Sykes Rymer in 1982, then under the name JSR Healthbred. Rymer had founded JSR Farms in 1958 and by then was an established farmer with a rapidly growing business.
The Cranswick acquisition includes the pig genetics and pig farming operations of JSR Farms Limited.
Cranswick, as reported by Pig World, said that it would be 'business as usual' for JSR's existing customers, but it would look to invest in and grow the genetics business. JSR's 75 staff will also move over in the deal.
The acquisition also includes eight freehold sites.
Adam Couch, CEO of Hull-headquartered Cranswick, said: "This acquisition increases the scale of our indoor pig production, further securing supply for our customers' pork requirements. The addition of an integrated pig genetics supply chain will allow us to drive ongoing improvements in production efficiency, meat quality, animal health and robustness, for the long-term benefit of our customers and the UK consumer."
Find out why the food and beverage sector is looking so tasty to M&A
Discover a thriving Italian-inspired restaurant in the South-West of England, benefiting from a large social media following and a team of highly experienced employees.
LEASEHOLD
‘Project Matcha’ presents a unique opportunity to acquire a growing, ethically focused coffee shop business located in one of the UK’s most sought-after regions.
LEASEHOLD
Located in Falmouth's vibrant waterfront area, this premier restaurant and wine bar boasts a stunning open-plan kitchen and recently updated facilities, offering a unique dining experience with picturesque views of the river and harbour.
LEASEHOLD
13
|
Jun
|
IT services giant divests domestic business to focus on international growth | DIVISION SALE
M247 Group, a major connectivity and IT services group headq...
13
|
Jun
|
Listed engineering business to be taken private by US buyer | BUSINESS SALE
Renold, a listed engineering business headquartered in Manch...
13
|
Jun
|
Acquisitive accountancy firm secures fresh backing for M&A drive | BUSINESS NEWS
A Carlisle-headquartered accountancy and advisory business t...
23
|
Oct
|
Food maker Cranswick buys cooked poultry product firm | MERGER
The food producer behind Bodega and Weight Watchers, Cranswi...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.