Cranswick and Tulip buy Dent Ltd assets

It’s been revealed that Cranswick and Tulip both acquired assets from the administrators of the collapsed pig rearer Dent Ltd during the third week of December last year.

Adrian Berry and Clare Boardman of Deloitte were appointed joint administrators of the Penrith, Cumbria-based Dent Ltd on December 2, 2013, and in a statement released earlier this week they confirmed a partial sale of the business.

“We’re delighted to confirm that we were able to conclude sales to Cranswick and Tulip on December 19, 2013 and December 20, 2013 respectively,” Mr Berry said, adding that the sale included about 18,000 pigs and related assets across 13 farms.

Pig World understands that about 14,000 pigs went to Cranswick, with the remaining 4,000 or so were taken by Tulip. We’ve also been told that about 3,000 sows were included in the deal, although it’s not clear which company took them.

Deloitte confirmed that there were about 11,000 sows at Dent Ltd when the firm went into administration, so it has to be assumed that 8,000 remain to be sold. As of January 22, there were also 64,000 finishing pigs still in the business.

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