Goldcrop, the seed, agri-chemical and hardware supplier headquartered in Cork, is to acquire Croplink Ireland, pending approval from the Competition & Consumer Protection Commission.
Croplink Ireland is based in Ballyvaughan, Co Clare and supplies crop protection products. The company was established in 2001 by Jim Droney and is estimated to generate annual revenues between €9m and €12m. An ag graduate, Droney has built up the Croplink business over the years as a supplier of ag chemicals to the trade.
Goldcrop was set up by Michael Murphy in 1984 after a management buyout of the agri division of Sutton’s Ltd. The company is now run by managing director John Murphy and had revenues of €47.3m in 2015. Operating profits were €1.1m.
ADVERTISEMENT
Goldcrop has grown through acquisitions throughout the years. In 2007 it acquired Power Seeds from Origin Enterprises. Acquiring Croplink has the potential to double the size of Goldcrop’s turnover from agri-chemical sales and firmly places them as a key distributor of agri-chemicals in Ireland.
Register for free to read this story and our free stories.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
Goldcrop, the seed, agri-chemical and hardware supplier headquartered in Cork, is to acquire Croplink Ireland, pending approval from the Competition & Consumer Protection Commission.
Croplink Ireland is based in Ballyvaughan, Co Clare and supplies crop protection products. The company was established in 2001 by Jim Droney and is estimated to generate annual revenues between €9m and €12m. An ag graduate, Droney has built up the Croplink business over the years as a supplier of ag chemicals to the trade.
Goldcrop was set up by Michael Murphy in 1984 after a management buyout of the agri division of Sutton’s Ltd. The company is now run by managing director John Murphy and had revenues of €47.3m in 2015. Operating profits were €1.1m.
Goldcrop has grown through acquisitions throughout the years. In 2007 it acquired Power Seeds from Origin Enterprises. Acquiring Croplink has the potential to double the size of Goldcrop’s turnover from agri-chemical sales and firmly places them as a key distributor of agri-chemicals in Ireland.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS