Swedish firm Scandi Standard to buy Manor Farm

It will pay around €70 million for the largest chicken processor in the Republic

Manor Farm is the largest chicken processor in the Republic Pic: Getty

Swedish chicken food company Scandi Standard has agreed to buy Cavan-based Manor Farm, the largest chicken processor in the Republic and one ofthe oldest family businesses in Ireland, tracing its origins back to 1775. Here are the key points of the deal:

- Scandi is buying Manor Farm for around 70 million in a deal that will involve the issuance of six million Scandi shares, an earn-out mechanism and the assumption of outstanding ...