Takeover agreed for merchant’s

From left, Green Agriculture founder Ray Green with Carrs Billington's Philip Sharman and Rae Tomlinson.
From left, Green Agriculture founder Ray Green with Carrs Billington's Philip Sharman and Rae Tomlinson.

Morpeth farm supplies merchant Green Agriculture has been taken over by national firm Carrs Billington.

Green’s, an independent trader, has been serving Northumberland farmers and retail customers for almost 50 years.

It is now part of the 30-plus-strong Carrs Billington country retail store network.

Ray Green, formerly owner of the Coopies Lane business, will be kept on as a consultant.

And the rest of the company’s staff will retain their jobs too.

Mr Green and his wife Neta founded the business in 1968.

Rae Tomlinson, Managing Director of Cumbrian-based Carrs Billington, part of the Carr’s Group, said: “Green’s is the perfect fit for us.

“The business has an excellent and long-standing reputation in the area, which we will look to build upon.

“This acquisition will strengthen our position in Northumberland and enhance the services we offer to the area’s rural communities.”

Mr Green added: “We are proud of the position we have established in our local market and the strong and loyal customer base that we serve.

“Joining the Carr’s Group will help take our operations to the next level and meet our aspirations for growth.

“We are delighted to be joining an organisation as well established as Carr’s and which shares our values and knowledge of the industry, but has a robust national network.

“This transaction will enable us to benefit from a broader supply chain with strong wholesale purchasing power and we are excited about the future.”

The takeover was arranged by Newcastle-based Ryecroft Glenton Corporate Finance’s Morpeth office.

Carl Swansbury, a partner at the accountancy firm, said: “This acquisition delivers the mutual requirements of both parties by maintaining and growing the agricultural wholesale offering Green’s has delivered to the local farming community for decades.”