ShapeShapeauthorShapechevroncrossShapeShapeShapeGrouphamburgerhomeGroupmagnifyShapeShapeShaperssShape

Thames Valley Cambac Acquires Allied Livestock

by 5m Editor
14 January 2010, at 7:05am

UK - The Board of Thames Valley Cambac (TVC) is pleased to announce that it has exchanged contracts for the acquisition of Allied Livestock Marketing Ltd (ALM), a division of Associated British Nutrition (ABN), which is a subsidiary of Associated British Foods plc.

ALM is principally a national pig marketing operation based in East Yorkshire involved in trading both slaughter and store stock.

This acquisition will take effect from midnight on Friday 22 January 2010.

ALM's existing traders will transfer with the acquisition.

TVC's Chairman, Charlie Allen, is delighted with the coming together of both businesses and explained that this merger follows the successful integration of the BOCM's Porcofram business into TVC in 2008 and continues the Boards strategy of creating a business of scale, which is essential to maintain a value proposition to the processing sector through volume, and flexibility, which in turn makes TVC more effective for the primary producer.

Phil Woodall, General Manager of TVC said: "For processor and producer customers, this will enhance the opportunities for both because of the broader net work the enlarged organisation will be dealing with and the amalgamation of the two businesses puts together a wealth of experience and expertise and should result in TVC having the strongest team in what will be a truly national organisation and enhances TVC's position as a major link in the UK pig supply chain."

Alan Murphy, Managing Director of ABN added: "Over recent years, we have seen continued industry consolidation at both farm and processor levels. The UK pig supply chain has become more efficient, more aligned to processor, retailer and consumer trends. ABN recognise the fact that a pig marketing business needs to achieve ever increasing scale to be a value proposition to the processors which, in turn, ensures stability for the producers. Amalgamating the two companies helps to create synergies for farmers and processors that ABN alone could not offer."