Powys-based agricultural supplies group Wynnstay has further expanded with a £9.5m acquisition of a Hampshire-based rival.
Wynnstay, which is listed on the Alternative Investment Market, has acquired poultry feed manufacturer and supplier, Humphrey Feeds, and associated point-of-lay pullets business, Humphrey Pullets.
The acquisition is being financed through a new £12.5m revolving bank credit facility.
