Three piggeries and 412 acres were due for auction on Tuesday, September 10, but the pig farms were withdrawn prior to auction, and only a portion of the land was released for sale.
There was a very good price on the day for 224 acres, knocked down for 2,300,000 euro, a “pure” land sale, without farm buildings.
Raymond Potterton was very pleased with the outcome, and while he wouldn’t disclose the identity of the buyer, it is believed the land was bought in trust for well-known Co Dublin tillage farmer, Gerard Hoey.
The remaining 188 acres are still up for grabs, at the Little Grange Farm, in Drogheda.
All three piggeries, including those at Broomfield, Co Louth, and Kentstown in Co Meath, are under serious negotiation at present, but vendors ‘haven’t crossed the line yet’ according to Mr Potterton.
Serious contenders are believed to be the Ronan family, who have extensive pig farm interests in North Cork and Tipperary. They have recently applied for permission to build an incinerator in Rosegreen, near Cashel, Co Tipperary, a move which has caused considerable local opposition.
Another member of the family, John Ronan, is a director of Treasury Holdings, the property developers who made the headlines two years ago for their failed bid to buy the Millennium Dome.