Grocontinental’s profit was up in the year it was bought by AGRO Merchants Group

Grocontinental and AGRO Merchants

Grocontinental increased pre-tax profit by almost 13% to £5.2m just before being snapped up by Dutch firm AGRO Merchants Group. Latest figures for the Shropshire cold storage and logistics business showed that when calculated pro rata for a 12-month period ending November 2017, it reported a turnover of £36m, up 6.8% on the year before. Pre-tax profit increased 12.7% from £4.6m in 2016. In December 2017 Grocontinental, which was established in 1941, became part of the AGRO Merchants Group. Its […]