Farmcare Top Fruits, a division of Farmcare Trading Limited, is the 4th largest apple growing operation in the UK and is the largest lowland farming organisation in the United Kingdom.
Wellcome Trust, who had acquired the business from the Co-operative Group in 2014, made the strategic decision to sell all of the farming operations whilst seeking to maintain and invest in the core land assets. It was clear from the outset that the business would be better served by being part of an organisation that could unlock improved returns through increased economies of scale and through vertical integration.
Park Place Corporate Finance acted as lead advisor to Wellcome Trust on the disposal of Farmcare Top Fruits. The process resulted in the successful sale of the operations to strategic buyers who could benefit from the significant additional volumes.