Source - Alliance News

Roebuck Food Group PLC - Dublin-based food supplier - Sells its wholly owned subsidiary, dairy producer Cantwellscourt Farm Limited to an ‘...unrelated partnership engaged in the Irish dairy milking industry’ for €1.5 million. Roebuck will no longer engage in dairy farming. The company will receive €1.3 million after settling its outstanding debts. In 2023 Cantwellscourt generated €1.6 million, with loss after tax of €500,000, and had net assets of €1.4 million. Funds will be used for future acquisitions and general corporate purposes.

Current share price: 12.75 pence

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