Cheshire animal feed business merges with Waterhouse Feeds
Nantwich-based animal feed firm, HJ Lea Oakes has announced a merger with Waterhouse Feeds in Malpas, Cheshire.
The family run firm will join forces with Waterhouse feeds to enable both businesses to enhance their product ranges and improve technical resources.
Each firm will continue trading under their respective names to supply animal feed to agricultural companies in the North West, North Wales and the Midlands.
Waterhouse Feeds were advised on the deal by MC Vanguard, the corporate financial arm of Mitchell Charlesworth, while John Spofforth from law firm, O’Connors LLP acted on behalf the business’ owners.
HJ Lea Oakes’ managing director, Arthur Preston, said the transaction will allow them to combine knowledge as well as products and facilities.
He commented: “This is a terrific development which marks the coming together of two very well established family businesses.
“We are joining forces to continue to provide farmers in our trading area with exceptional products and service, and to build on the reputations of our respective companies which have been built up over the years.”
Directors of the bought firm, Andrew and Jonathan Waterhouse, added: “This is an exciting opportunity for us to expand our business to the benefit of our customers.
“This will enable us to offer a wider product range and enhanced technical resources. Naturally, we look forward to continuing to our personal service.”
Mitchell Charlesworth partner, Brian McCann, said: “We are delighted to be supporting two of the region’s longstanding family farming firms in their future growth plans.
“This move will help to unite these outstanding businesses which have a track record of excellence in the animal feed sector.
DLA Piper Jonathan Watkins, who advised Nantwich-based HJ Lea Oakes, added: “We are delighted that DLA Piper has been able to work with HJ Lea Oakes on this successful transaction.
“This move will enable two long established producers to grow their market share and presence in this sector.”