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Mars Acquires Spillers Speciality Feeds

Mars announces that it has completed the acquisition of the whole of the share capital of Spillers Speciality Feeds Limited.

Spillers Speciality Feeds was formed as a result of a management buy out in 1998 from Dalgety and produces a range of equine nutrition products at its mill in Milton Keynes. The company is a leading supplier of equine feeds and supplements in the UK market and enjoys considerable international success, shown by the fact that the company supplied thirteen of the national equestrian teams in the Sydney Olympic Games.

Mars already operates a small but successful international equine business in the UK, Germany and Australia under the WINERGY® brand. The acquisition of the Spillers business represents a major expansion of these interests and provides a sound basis for international growth.

"This acquisition underlines our determination to develop a significant equine business," said Mr. Rob Sawyer, the Mars Director who will be responsible for the combined equine business. "By combining the two businesses, we will be able to offer a comprehensive range of products and will be better equipped to meet the future needs of horses and horse-owners."

Jeremy Brereton, current head of the Spillers business, added, "This is an excellent outcome to a real success story. We have always had high expectations for the Spillers brand and have successfully developed it into a clear leader. Being part of Mars means that, together, we can now look forward to building a stronger international equine business."

Spillers employs 72 people in the UK and employment will be unaffected by the acquisition. Similarly, the Spillers management team will be retained following the acquisition. Jeremy Brereton will be managing director of the new combined business reporting to Rob Sawyer.


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