26 November 2017

Farmcare to quit ‘operational’ farming

One of Britain’s largest farming businesses – Farmcare – has announced it is quitting “operational farming” and turning to joint venture arrangements instead.

The company, which farms 13,000ha over 11 sites, was formerly run as Co-op Farms, but was sold to the Wellcome Trust in 2014.

A statement issued on Tuesday (21 November), said following a lengthy review of its business, Farmcare was announcing “a restructuring plan that will increase the economic resilience of its farms and ensure their long-term prosperity”.

Credit to: http://www.fwi.co.uk/business/farmcare-to-quit-operational-farming.htm