keenan feeders

jade35

Member
Location
S E Cornwall
This one?
Keenans of Borris go into receivership
By KCLR96FM News & Sport -

Apr 12, 2016
akclr96fm.com_media_2016_04_Keenans_Borris_640x300.jpg
Keenans Borris. Pic: Google Maps
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Keenan’s of Borris have gone into receivership.

The struggling Carlow company – which employs over 200 staff – is still in negotiations on a buyout by multinational Alltech that would save the jobs and the business.

Keenans held emergency meetings last week as it sought out investors.

Statement from Alltech this afternoon.

Following the announcement of Keenan entering into receivership, Alltech is now in due diligence with the receivers to investigate a possible acquisition

Following recent speculation in the Irish media, Alltech confirm it is now in due diligence talks with Keenan and its receivers. Keenan is a respected leader in ethical and profitable farming solutions focused on maximising feed efficiency. Keenan, headquartered in Co. Carlow, employs 222 people, of which 176 are based in Ireland.

Both Keenan and Alltech are private, family-owned companies and have long been firm friends in the field of agri-business. Alltech has identified various growth opportunities in the on-farm performance arena and believe Keenan could offer further technological advancement for moving farmers towards greater efficiency and profitability. Keenan exports to approximately 25 countries, with Alltech’s global presence in more than 120 countries, Alltech believe there are opportunities for growth and synergy.

Alltech produce leading products and nutrition solutions that directly benefit the farmer. The company’s guiding ACE principle seeks to develop solutions that are safe for the Animal, Consumer and the Environment and is actively supported by more than 4,700 team members worldwide.
 

Mursal

Member
That's a pity if genuine ......................
But, they will probably rename and go again, like a few well known names have already done.
I'm thinking Keemam or Kennan something on that slant with the same colour scheme
OH, with the slate wiped clean ....................
 
Last edited:

Chae1

Member
Location
Aberdeenshire
Pity they never moved with the times and produced a tub feeder also. They were the original mixer wagon but many replaced by tub mixers. How many other companies sell just one product.

Hope they find a buyer and everyone keeps there jobs.
 

Happy

Member
Location
Scotland
Pity they never moved with the times and produced a tub feeder also. They were the original mixer wagon but many replaced by tub mixers. How many other companies sell just one product.

Hope they find a buyer and everyone keeps there jobs.

Just selling the one product is fine if it's what the customer wants.
Trouble for Keenan was more and more farmers wanted a tub but they were too stubborn to admit their was a place for such a thing.

If they do find a buyer then I would reckon a tub mixer will be in the product line up pretty quickly.
 

Chae1

Member
Location
Aberdeenshire
They made some pretty bold claims regarding the savings you would make by feeding your cattle with a keenan over a tub mixer so I guess they'd be contradicting themselves to produce a tub that was inferior according to there marketing.
 

james ds

Member
Location
leinster
I'm shocked.

Such a household name in agriculture.

I suppose the dairy downturn hasn't helped.
The dairy downturn has nothing to do with it , they are top heavy with shirt and tie staff and their feeder is obsolete , it still can't handle baled silage , it's too expensive new and it's running cost is to high , the tub wiped them out , they bad mouthed tubs for the last 15 yrs instead of making their own tub , they are been bought out by an American feed company.
 

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