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Carr's nears end of long-running transition period

Company has sold Afgritech business and £4mn of property
Carr's nears end of long-running transition periodPublished on December 12, 2024
  • Loss widened after £14.6mn of adjustments
  • Sale of engineering arm is 'progressing positively'

Carr’s (CARR) has concluded its long-running strategic review, which led to offloading its agricultural supplies arm last year, then deciding it would be better just selling its engineering arm rather than trying to find synergies with the remaining animal feeds and supplements businesses. Post its 2024 year-end, it also offloaded the loss-making Afgritech beef cattle feed business.

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