Co-op Farms sold to Wellcome Trust

August 5, 2014 12:00 am

The Co-operative Group has announced the sale of its farming operations to the Wellcome Trust.  The deal, for £249 million, includes nearly 16,000 hectares, over 100 residential properties, 27 commercial properties and three packing houses.  The farming operations will continue under Farmcare Trading Ltd; staff will be kept on by the Trust.  The Wellcome Trust backs research into improvement in animal and human health and has a wide portfolio of investments including land.


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