Frontier Agriculture acquires Fengrain’s assets following five-year partnership
22nd August 2024
Crop production and grain marketing business Frontier Agriculture has acquired the assets of Fengrain Ltd. following a five-year relationship.
Frontier, which had been Fengrain’s marketing partner since 2019, is now set to acquire Fengrain’s three flat stores and over 30 silos holding a capacity of 93,000 tonnes of combinable crop storage in Wimblington, Cambridgeshire.
Simon Christensen, grain director at Frontier, said that the acquisition of Fengrain is “positive news” and means that the company is able to provide growers with more financial security and grain handling expertise across the east of England.
“Our ownership of the Wimblington site will also allow further investment into the facilities there, and we’re very pleased to welcome the expertise of those from Fengrain into the regional Frontier team,” he continued.
An interesting journey
Richard Means, chairman of Fengrain, added: “We have been on an interesting journey at Fengrain over the last few years and have now agreed to a deal that delivers the right result for our members and the future of the store.
“The new storage and marketing arrangement should incentivize and provide flexibility for all who use it going forward.
“To complete this transition with support from our members in such a short time is also credit to all involved, and we are looking forward to working more collaboratively with Frontier.”
Frontier was formed in 2005 as a joint venture between Associated British Foods PLC and Cargill.
The company has 46 sites across the United Kingdom and employs more than 1,100.
It operates across all aspects of arable crop production and grain marketing, and supplies seed, crop protection products and fertiliser to farmers.
Frontier also provides specialist agronomy advice through its team of 160 agronomists.
Read more arable news.