Origin acquires Northern Ireland plant products distributor Clarendon

(Alliance News) - Origin Enterprises PLC on Friday announced it has agreed to acquire Clarendon Agricare Ltd, a plant protection products distributor operating in Northern Ireland.

The Dublin-based agricultural products and services provider said the deal, subject to undisclosed conditions and whose terms remain unknown, is expected to be completed within weeks.

Clarendon, from its facility in Portadown, also provides advice to distributors in the grassland, arable, horticulture, and amenity sectors across Northern Ireland.

Origin Chief Executive Officer Sean Coyle said: "This acquisition strengthens our plant protection distribution capability and supports the merchant channel with which we have positive relationship via our existing Fertiliser and Feed joint venture operations and our Origin Northern Ireland business".

Origin shares were quoted at 384.10 pence London.

By Martin Miraglia, Alliance News reporter

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