ANM Group to sell meat businesses
ANM Group has announced that it is selling its troubled Scotch Premier Meat and Yorkshire Premier Meat businesses.
A spokesperson said the decision had been taken following a “strategic review” of the group’s operations by the management team, which had decided to refocus on its traditional core business of auction and valuation.
“The board of ANM Group has identified the need to concentrate on what the group does best through its core trading activities and is therefore looking to dispose of its non-core activities,” they said.
Both Scotch Premier Meat and Yorkshire Premier Meat have suffered closures and job losses in recent months, but ANM said there were still opportunities for potential buyers.
“Despite the continuing difficult trading conditions in the UK meat processing industry, substantial improvements have been made to the costs and operations of both Scotch Premier and Yorkshire Premier over the last few months, which now offer significant potential for interested parties,” said the spokesperson.
“Scotch Premier and Yorkshire Premier have skilled, dedicated workforces and it will be business as usual, with our employees continuing to deliver first-class products and service to our customers.”
The group said it was keen to reassure its suppliers, employees and members that it was in good overall shape, with a “sound financial position”.