Swedish firm Scandi Standard to buy Manor Farm

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

27th June, 2017
Manor Farm is the largest chicken processor in the Republic Pic: Getty

- 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 interest-bearing debt

- Manor Farm has a market share of about 50 per cent for fresh chicken products sold through retail in Ireland and around 25 per cent of all chicken consumed in Ireland

- Vincent Carton and Justin Carton are the eighth generation of the family in the...

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