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Platts Harris announced this week that, subject to contract, discussions have reached an advanced stage to sell their "interests, goodwill and assets" to the Russell's Group.
A statement on their website says that it is expected that a full agreement will be finalised by the end of October.
The statement goes on to say "Extremely sadly, we also have to announce that is it proposed as part of this consolidation within the Russell's Group for the closure of our Darley site and the proposed relocation of a number of employees to Russell's Ag at Cubley".
The statement signs off thanking their customers, saying, "Our sincere gratitude to you for your friendship, professionalism and business relationship that we have enjoyed with many for you for generations, we hope this will continue for many years with Russell's Ag."
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