Respected Lincolnshire agricultural brands up for sale
Ryan Holdsworth and Danielle Shore from Leonard Curtis were appointed as joint administrators to Chafer Machinery Ltd on 16th October 2025.
On appointment the joint administrators instructed BPI Asset Advisory to manage the sale of the business and assets of both companies.
Founded in 1901, Chafer is one of the UK’s most established names in agricultural engineering, recognised for its high-performance self-propelled and trailed crop sprayers, designed and built at its Gainsborough manufacturing site in North Lincolnshire.
Horstine is also an equally respected supplier of precision applicators, delivering innovative fertiliser and granular chemical application systems used worldwide.
The private treaty sale includes the Chafer and Horstine brand names, intellectual property, proprietary software, design data, and manufacturing and assembly equipment, alongside extensive stock valued at approximately £1.4m.
Commenting Luke Hartshorn at BPI said: “Together, these assets present a significant opportunity for potential purchasers to acquire well-established British engineering brands with strong reputations in the sector.”
Ryan Holdsworth, joint administrator, added: “Whilst the agricultural industry has faced numerous challenges over recent years, to which both brands have not been immune, the Chafer and Horstine businesses have developed a strong presence in the farming community over many decades.
“We expect considerable interest from buyers looking to continue the existing brand legacy of quality and high performance or integrate the product range into existing operations.”