A WELL-KNOWN agricultural business in Stone has been acquired in a deal worth up to £6.75 million.
SC Feeds, an animal feed manufacturer in Eccleshall Road, Stone, has been bought by Cheshire-based NWF Group plc which delivers feed, food and fuel throughout the UK.
SC Feeds, which was owned by cousins Roger and Bryan Deane and director Andrew Williams, posted a £20 million turnover in its last financial figures.
Roger Deane said this was the right time to sell.
"We have invested in state-of-the-art machinery that has enabled us to remain nimble and efficient and maintain both quality and the highest levels of customer service," said Mr Deane..
"This makes SC Feeds a very attractive addition to NWF."
"We sell our products wholesale as well as to farmers at competitive prices and the NWF Group is further strengthening its agricultural division by taking over.
"We know the business is going to be in good hands," he added.
Nantwich-based NWF, has a turnover of £545.8million and employs about 800 people.