Family-owned investment company, Milbank Group, continues to grow its diversified portfolio of businesses following the successful acquisition of Silostop. The name Milbank is synonymous with precast concrete products; however, the Group’s already diverse range of businesses include Cadman Cranes, Sui Generis International, ARK Agriculture, Orion Future Technology, Nicola Jane and Xanthos.
Based in Finchley, North London, and operating globally throughout a network of strategic distribution partners, Silostop have been dedicated to helping farmers around the world produce better silage for over 10 years. They pioneered the oxygen barrier silage film and have continued to innovate with a wide range of products and systems within the agricultural sector. Silostop’s films are used on some of the largest dairy and beef farms in the UK and globally, including use within anaerobic digestion power generation - a rapidly growing market worldwide.
Whilst Silostop will continue to operate from its base in London, there are significant synergies with existing Milbank Group company, ARK Agriculture, that will strengthen and secure the future of both companies.
ARK Agriculture are the UK leaders in silage storage and are the only company in the UK specialising in the supply and design of the innovative and patented sloping walled silage clamp - a structure used by renewable energy projects and livestock farmers to store silage prior to feeding to cattle or anaerobic digestion plants.
Francis Auchincloss, Managing Director of ARK Agriculture said, “On behalf of the Directors of ARK Agriculture Limited we are delighted at the latest Group acquisition of the Silostop business, and we welcome them and their dedicated staff around the world into the Milbank Group.”
Milbank Group: https://themilbankgroup.co.uk
ARK Agriculture: https://arkagriculture.com