Farmcare
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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. Wellcome 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 Script error: No such module "convert". 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
References
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- ↑ Registered under the Industrial and Provident Societies Act 1965, No. 28966R
- ↑ Script error: No such module "citation/CS1".
- ↑ The foundations Script error: No such module "webarchive". The Co-operative Farms (retrieved 21 August 2009)
- ↑ The war years Script error: No such module "webarchive". The Co-operative Farms (retrieved 21 August 2009)
- ↑ Mutuals Public RegisterScript error: No such module "Unsubst". Financial Services Authority (retrieved 21 August 2009)
- ↑ Script error: No such module "citation/CS1".
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