Sunday 17th November 2019
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Farming business with 100 year history sold to investment group

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Strutt & Parker (Farms), one of the region's oldest diversified farming businesses which operates across Suffolk, Essex and Cambs, has been sold to Robigus, a farm and estate investment group. Chairman Peter Tritton said: “Strutt & Parker (Farms) has earned an excellent reputation over its 100 year history as a leading, innovative and diversified agricultural business. This acquisition provides a significant opportunity for Robigus to further enhance and expand on their ambition to be at the forefront of British agriculture. My great grandfather and founding partner Edward Strutt would approve of the opportunities that increased investment under new ownership will provide.”

Robigus operates with Belport, a UK investment and asset management company in the sector, with finance provided by European investors. Deloitte and Savills managed the sale for Strutt & Parker (Farms). The company’s two anaerobic digestion subsidiaries, Euston Biogas and S&P Biogas, have been sold separately to Foresight Group, an infrastructure and private equity investment manager.

Charlie Paton, director national farm sales at Savills, said: “Given the political context, the interest in the portfolio and subsequent sale is recognition of the quality and provenance of this long established company and its assets. Such a substantial transaction also represents a significant vote of confidence in UK agriculture.”