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IN BRIEF: Origin sells Pillaert-Mekoson brand for EUR15.5 million

1st Jul 2021 14:41

Origin Enterprises PLC - Dublin-based agronomy services provider - Sells Belgian fertiliser business Pillaert-Mekoson for EUR15.5 million to Brokking Group.

"Since entering the Belgian market in 2018, we have looked to acquire complementary businesses to add further scale to our fertiliser operations in the region," comments Origin Chief Executive Officer Sean Coyle.

"Without suitable consolidation opportunities we have therefore decided to exit this market, to focus on markets which offer greater growth potential."

Current stock price: EUR3.39

Year-to-date change: down 0.2%

By Will Paige; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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