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Possible Irish & English Auction House Merger

Friday, 20th April 2007

In major northern hemisphere bloodstock news, bloodhorse.com reports that "two of Europe's premier bloodstock auction companies, Doncaster Bloodstock Sales (DBS) of England and Goffs of Ireland, are involved in discussions which could lead to a merger." Irish company Goffs is number 1 in its own market place (but recently made its initial foray into the English market), & Doncaster Bloodstock Sales holds down the 2nd position in England behind Tattersalls (which also trades in Ireland). The report says a statement was issued by a PR company in Ireland, claiming: "R.J. Goff & Co. and Doncaster Bloodstock Sales have entered discussions with a view to a possible amalgamation of the two companies. The boards of both companies agreed earlier this week to enter due diligence, with immediate effect. There will be no further comment until this process has been completed."

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