Agriculture specialist Cefetra Ltd has acquired Chilton Grain’s store in Chilton Airfield, near Sudbury, for an undisclosed sum.
The new agreement, which takes effect from July, will see Cefetra, which is part of Munich-based firm BayWa, manage the day-to-day running of the store, which has a 45k tonne capacity and is located in one of the UK’s major grain growing areas.
As part of the plans Cefetra, which has a turnover of £750m, will also establish a grain origination team to work out of the same location by May this year, and all five Chilton Grain staff will transfer to Cefetra.
Cefetra managing director Andrew Mackay said: “Having worked with Chilton Grain for a number of years we are very pleased to have reached this agreement, and grateful for their support and trust in taking the business forward. The store and Sudbury team will enhance the services we can offer to both our farmer suppliers and customers in the area.”
Operations manager Simon Weir of Chilton Grain brought with him “a great wealth of experience and local insight” as he joins the team, he said.
“We are confident in the future of the British agricultural sector and believe we can play a leading part in its success. Our recent purchase of Premium Crops and the book of Dalmark Grain Limited - previous operators of the Chilton Grain store - follow on from the acquisition of Wessex Grain in 2015, and are important steps in establishing Cefetra as a strong grain origination company with a nationwide capability.”
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