Farmcare

  • Farming
  • Wholesale
Founded1896Headquarters
England and Scotland
Key people
Richard Quinn (Chief executive)ProductsFood
Number of employees
240ParentWellcome TrustWebsitefarmcareltd.com
Farmcare was part of the Co-operative Group from 1896 to 2014.

Farmcare Trading Limited, trading as Farmcare, is the largest lowland farming organisation in the United Kingdom.[1][2] Farmcare traded as The Co-operative Farms while a subsidiary of The Co-operative Group until it was sold to the Wellcome Trust in 2014. Welcome decided to cease farming activities in 2017 and instead form partnerships with farmers.

History

The Co-operative Farms

The first farm was acquired at Roden, Shropshire in 1896 in order to supply potatoes to local societies' stores.[3] By 1918, the then Co-operative Wholesale Society already farmed a total of 32,648 acres (13,212 ha) across England.[4]

Following the merger of CWS and Co-operative Retail Services in 2001, CWS Agriculture became Farmcare Limited.[5] It was rebranded as The Co-operative Farms in 2007.

Wellcome Trust

On 4 August 2014, the business was sold to the Wellcome Trust for £249 million, to reduce The Co-operative Group's debt following its financial crisis in 2013.[6] At the time of the sale, The Co-operative Farms owned 39,533 acres (15,998 ha) of land organised as 15 farms, and more than 100 residential and 27 commercial properties.[7]

In 2017, Wellcome announced that they would cease farming activities and instead formed 12 partnerships with farmers and farming contractors.[8]

See also

  • Associated Co-operative Creameries

References

  1. ^ Registered under the Industrial and Provident Societies Act 1965, No. 28966R
  2. ^ "Farmcare builds on its own identity following Co-op sell off". Farmers Guardian. 31 October 2014. Archived from the original on 22 January 2015. Retrieved 21 January 2015.
  3. ^ The foundations Archived 2009-03-21 at the Wayback Machine The Co-operative Farms (retrieved 21 August 2009)
  4. ^ The war years Archived 2009-03-21 at the Wayback Machine The Co-operative Farms (retrieved 21 August 2009)
  5. ^ Mutuals Public Register[permanent dead link] Financial Services Authority (retrieved 21 August 2009)
  6. ^ "Wellcome Trust acquires the Co-operative Group's farms business for £249 million". Archived from the original on 23 April 2016. Retrieved 4 August 2014.
  7. ^ "Co-op sells farms business to Wellcome Trust for £249m". BBC. 4 August 2014. Retrieved 4 August 2014.
  8. ^ Horne, Suzie (12 September 2018). "Farmcare hands over farming operations to new partners". Farmers Weekly. Retrieved 7 November 2023.
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