Wynnstay in bolt-on acquisition

Agricultural and retail group Wynnstay has whipped out its wallet and bought PSB (Country Supplies), an independent agricultural merchant, based in Gloucestershire.

Agricultural and retail group Wynnstay has whipped out its wallet and bought PSB (Country Supplies), an independent agricultural merchant, based in Gloucestershire.

The expected consideration is £0.5m, of which £0.35m will be paid upfront, with the remainder being tied to the achievement of profit levels.

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