One of the pig and poultry sectors’ most familiar names and biggest feed suppliers, ABN, has announced it is to exit the UK monogastric feed market
In a statement, the company said: “We have taken an incredibly difficult decision about the future of our UK monogastric compound feed business, ABN. Our intention for ABN is to exit this industry. This means exploring options, including divestment, for our remaining ABN mills.
“This decision follows careful consideration of the long-term changes affecting the UK monogastric compound feed market. Throughout this process, our priority will be to support our people, communicate openly and responsibly, and provide certainty wherever possible.
“We are committed to maintaining continuity of supply and delivering for our customers while we work towards the best possible outcome for our mills, our colleagues and all those connected to the business.”
ABN, which informed employees about its decision last week, according to Poultry News, sold its Fridaythorpe feed mill in East Yorkshire to Cranswick nearly last year.
It also announced last year that work had begun on a major new animal nutrition complex, describing the development as a long-term investment in the future of the UK pig and poultry sectors.