Strutt and Parker Farms Ltd up for sale

Wed, 12 Sep 2018 | BUSINESS SALE

Boasting a rich 100 year history, Strutt & Parker (Farms) Ltd is up for sale for an estimated £200 million. The sale will include more than 30,000 acres of East Anglian farmland.

The business is has a diverse portfolio and earns roughly half of its £21 million income from farming alone. The company transformed its 34 acres of farmland into a natural burial site last year, which is also included in the sale.

This will be the biggest farming sale since 2014, when The Co-operative Group sold its 16,000 hectares fro £249 million to the Wellcome Trust.

Guaranteed farming subsidies have been provided by the government at the current EU level until the 2022 election, of which Strutt & Parker received £1,267,000 in subsidies through the rural payments agency in 2017.

Corporate finance partner at Deloitte, David Jones said: "In our experience, interest is likely to come from a number of sources, due to the scale and diverse asset base, and we anticipate there will be interest from both domestic and overseas high-net-worth individuals.

"For the overseas buyer, the current weakness of the pound against the dollar adds to the attraction. We also anticipate enquiries from institutions looking for long-term asset-backed investments."

The land includes commercial and residential units alongside renewable energy projects, which stretch across Suffolk, Cambridgeshire and Norfolk. The farming business includes four main farms, contracting and joint ventures, a sheep enterprise across Ministry of Defence land in Norfolk, a farming enterprise in Cambridgeshire and Lavenham Fen Farms.

The company will be sold in a single transaction. It is expected that the business will bring medium- to long-term opportunities to realise substantial capital and revenue growth.

For more news stories about businesses for sale, click here. For all our business sale listings, click here.


Share this article



Latest Businesses for Sale

Import & Distribution of Alcohol Worldwide
Kent, South East, UK

A unique company specialising in the import and distribution alcohol worldwide. Offers a wide variety of products and comes with a well-established reputation. Business enjoys an expansive client base. Established in 1970, the company has developed a...

Asking Price: £440,000
Turnover: £743,322

RELOCATABLE


Dairy Products Supplier
South of England, UK Wide

Supplies fresh dairy products to clients throughout the UK and internationally. Benefits from strong relationships with its existing client base, responding quickly to product requests to ensure a continually high standard of service. Products offere...

Asking Price: Offers Invited
Turnover: £882,589

LEASEHOLD


Eastern European Food Wholesaler
Leyton, London, UK

This business specialises in a wide range of Lithuanian and other Eastern European products, such as: dairy, meat, frozen and preserved products, soft and alcoholic beverages, fruits and vegetables and other non food items. An excellent opportunity h...

Asking Price: £299,000
Turnover: £1,178,723

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
21
 
Feb
 

Street food catering firm seeks buyer after entering administration | ADMINISTRATION

Shrewsbury-based catering company MPM Catering has entered a...

 
20
 
Feb
 

Heycar acquires HonestJohn.co.uk following administration | BUSINESS SALE

Online used car service Heycar has purchased the independent...

 
19
 
Feb
 

On-demand laundry app snapped up after administration | BUSINESS SALE

Laundrapp, an on-demand laundry service which was touted as ...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
11
 
Sep
 

Engineering business in administration | ADMINISTRATION

A Weymouth-based engineering business has entered administra...

 
22
 
Dec
 

Sale sought for TEG Group division following administrators' appointment | ADMINISTRATION

Green waste specialist TEG Group has entered administration ...

 
16
 
Sep
 

Rileys back in administration for the third time in five years | ADMINISTRATION

Sports bar operator Rileys has found itself in administratio...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources