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Moy Park's Acquisition of O'Kane Welcomed

by 5m Editor
25 May 2010, at 11:48a.m.

NORTHERN IRELAND - The Ulster Farmers' Union (UFU) has welcomed Moy Park's acquisition of O'Kane Poultry, and says that it marks the beginning of a new era for poultry production in Northern Ireland.

Commenting on the announcement that Moy Park has purchased O'Kane Poultry, UFU President John Thompson said: "This is a major development in the agri-food industry. The poultry sector has been a big success story for Northern Ireland agriculture, offering hundreds of farming families the opportunity to diversify their businesses into profitable poultry production.

"Moy Park and O'Kane Poultry have both been instrumental in achieving this success. O'Kane Poultry has been a very strong locally owned and family-run business and the UFU acknowledges the major contribution it has made to agriculture and the economy in North Antrim and indeed across Northern Ireland. We also wish Moy Park every success following the acquisition and we hope they will go from strength to strength."

The UFU says it will now be seeking a meeting with the Moy Park leadership team to discuss how O'Kane producers will be integrated into the company.

Mr Thompson explained: "We have been working closely with O'Kane growers in recent times seeking to resolve a production problem which they are currently facing. I am confident that we will be able to resolve this with Moy Park and ensure the growers are integrated successfully and enjoy a profitable future with the company."

He added: "Moy Park is an ambitious company which wants to grow its local supplier base and grow its markets in the UK and Europe. This will hopefully create new opportunities for all the local growers who have been supplying Moy Park and O'Kane Poultry and we look forward to supporting Moy Park's strategy of growing their business while retaining their commitment to fresh, high quality, locally-farmed and locally-sourced chicken products."