Farming News - Gleadell and Dunns announce merger
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Gleadell and Dunns announce merger
Following an initial announcement in November 2011, Eastern grain merchants Gleadell today announced its acquisition of Dunns pulse and seed merchants.
In a statement today Gleadell said the companies have traded together for over ten years and see clear benefits in pursuing a merger. Dunns will be 100 per cent owned by Gleadell, but will continue to trade as a stand alone business.
David Sheppard, Gleadell’s managing director, commented, “We are delighted to have acquired a company who are respected and acknowledged as leaders in their fields. We look forward to growing the business alongside the excellent team already in place.”
Steve Russell, former managing director of Dunns, added, “I am delighted to have passed Dunns on to a company whose ethics and way of doing business we feel very comfortable with. I am sure the investment and global connections that Gleadell bring to Dunns will be of lasting benefit and I look forward to supporting the company in my role as consultant.”