Buccleuch disposes of animal supplements business

The Buccleuch Group announced today (Wednesday June 23) the disposal of its animal supplements business Scotmin Nutrition Ltd and its agricultural merchant business AC Burn Ltd (trading as borthwickburn) to Carr’s Milling PLC.

These disposals are part of the continued portfolio optimisation within the Buccleuch Group which is focussing on the key strategic themes of Renewable and Alternative Energy, Commercial Property, and the development of Tourism and Hospitality across the four rural estates in Southern Scotland and Northamptonshire.

Scotmin and AC Burn, which were majority acquired in 2005 and which employ 62 people across five sites in Scotland, have made a valuable contribution to the Buccleuch Group.

Buccleuch Group CEO, John Glen, said "These are first class businesses which will prosper and develop further under the new ownership, beyond what we could achieve, and this was critical to our decision to divest. We would like to take the opportunity to thank all the employees concerned for their effort and contribution over the years and to wish them every success."