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PreviousAllflex Holdings
In 1998 Electra invested £23.1 million in the US$160 million buyout of Allflex. Allflex is the world’s leading manufacturer and distributor of plastic and electronic animal identification tags (“Rfid”) with factories in France, Brazil and China. In August 2007 the business was refinanced with Electra retaining a significant ongoing holding in the business.
In the year ended 31 December 2009, Allflex generated sales of $187.4 million (2008: $201.6 million). On a constant currency basis turnover for 2009 was equivalent to sales generated
in 2008.
With the implementation of new European electronic sheep identification legislation in 2010 the business is forecasting growth in the current year
and in 2011.
In the year ended 31 December 2009, Allflex generated sales of $187.4 million (2008: $201.6 million). On a constant currency basis turnover for 2009 was equivalent to sales generated
in 2008.
With the implementation of new European electronic sheep identification legislation in 2010 the business is forecasting growth in the current year
and in 2011.