Gleadell in Tabmellow acquisition

Gleadell Agriculture Ltd have announced that they have reached

agreement in principle to buy Tabmellow Ltd, the holding company of Dunns

(Long Sutton) Ltd.

The acquisition is subject to due diligence and completion of legal

documentation, and is expected to be concluded in the next three months.

Gleadell is the UK’s leading independent grain merchant and a significant

supplier of seed and fertiliser to UK farmers. Dunns are specialists in premium

pulse products for the human consumption market and a major UK

agricultural seed processor.

The companies have traded together for over ten years and see clear benefits

for Dunns from the support provided by Gleadell’s shareholders Toepfer

International and Invivo.

In addition, Dunns’ expertise in both the seed and pulse sectors will provide

good synergy alongside Gleadell’s international export pulse trading activities

and growing seed business.