The long-running sale of Australian Meat Group looks to be getting a new life after the meat-processing and export business acquired Killara Feedlot from ASX-listed Elders for $195.8 million last month.
While its corporate adviser, Tenet, has been running the process since 2024, Street Talk understands the family owners have revived their sale efforts after the bolt-on acquisition, pitching themselves as a beefed-up operation. Tenet previously received bids for the business, but these failed to meet the family’s expectations.
Loading...
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com