Spearhead International: acquisition of potato business from Basil Baird (Fareham) Ltd
Spearhead International Ltd, through its UK subsidiary Greenseed International Ltd, has acquired the potato business of Basil Baird (Fareham) Ltd.
Basil Baird has grown 400 hectares of salad potatoes near Chichester and Petworth in Sussex. The land has had very few potato crops and has plenty of water for irrigation, supporting the growth of some of the best quality salad potatoes. John Benfield, the current potato manager, will continue to run the business with the existing team and machinery. A long term rental of 15,000 tonnes of potato storage is included in the arrangement.
The businesses share the same focus on quality and service. The addition of the Sussex cropping and long term storage is highly complementary to Greenseed's existing business bases in East Anglia and Northumberland and with its customers.
The acquisition of the Basil Baird potato business, and Greenseed's other planned expansion, combine specialist knowledge and skills to strengthen Greenseed's supply and service. The plan is to expand the Sussex production as part of a closer strategic alignment with customers.