1:10pm Thursday 6th January 2011
Cornwall Farmers has completed the sale of its agricultural machinery business in a move that will allow it to focus on its core agricultural and retail operations.
Part of the business has been sold to a new venture called Cornwall Farm Machinery Ltd in Penzance, headed by Cornwall Farmers’ former machinery sales manager Andrew Nicholas.
The remaining part of the business has been sold to Smallridge Brothers of Barnstaple and will operate from Kelly Bray near Callington.
The deal creates two new John Deere franchise areas, one in the west and one in the east. Cornwall Farmers has leased its Penzance and Kelly Bray sites to the new businesses, which are taking on all 32 machinery staff from the co-operative’s machinery division.
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