Agribusiness

Elders unveils ambitious growth plan

Agribusiness group targets $60m EBITDA by 2017.

Agriculture on wish list for significant investor visa holders

Morgan Stanley says its SIV clients, mainly Chinese nationals, are keen to acquire agriculture assets such as dairy farms.

A bleak year awaits Aussie farming families

Times have never been tougher for Australia’s farming families, and with earnings likely to fall significantly this year agribusinesses are hanging on for dear life.

Bright Food chases Aust takeovers

Chinese food and beverage giant interested in dairy and wine buys in Australia.

Elders confirms several approaches

Agribusiness received informal, confidential approaches but no live proposal from PEP.

Visit sewed seed for Olam grain purchase

A visit to a grain terminal in 2008 eventually inspired Mitsubishi’s latest acquisition in Australia.

Scott abattoir sold as sector consolidates

The GM Scott business has been sold to a group that wants to boost exports to new markets, as the agribusiness sector consolidates to meet Asian demand.

Gina Rinehart expands into cattle farming

The nation's richest person is investing in the agribusiness sector for the first time.

Australia's biggest abalone farm sold to feed Asian bowls

Craig Mostyn nabs Great Southern Waters.

Far out Brussels sprout

2 comments
Three great families underpin Australia’s Brussels sprout industry. Each in its own way has beaten the odds to cultivate a healthy business in a tough sector.

Treasury Wine staves off takeover threat

CEO Michael Clarke indicates he is seeking to fix the business, not entertain takeover offers.

Mitsubishi buys into Olam grain operations

Giant Japanese conglomerate invests $68m to take 80 per cent of Olam Grains Australia.

Takeover talk buoys GrainCorp stock

Rumours of a takeover of GrainCorp continue to lift the grain handler’s share price.

NZ apple grower ripe for $160m IPO

Scales, owner of Mr. Apple, will be offering 16.2 million to 18.8 million of new shares at a price range of $NZ1.60 to $NZ1.85 each.

GrainCorp calls for level playing field

Group wants govt to close loophole in proposed code of conduct that benefits global grain giants.

Farm export earnings to fall: study

by AAP
New report from ABARES suggests farm earnings in 2014-15 will remain above 10-year average.

WA meat exporter in $1bn China deal

by AAP
WA livestock producers are set to benefit from a massive $1 billion China meat deal.

Treasury holds up to blunt KKR bid

If earnings hold up at Treasury Wine, KKR may be forced to raise the price of its bid, perhaps above $5 a share.

GrainCorp block political: FIRB

Chairman Wilson concedes motives behind veto political, defends legitimacy of decision.

Grain assets on Japanese agenda

Japanese giant Mitsui eyes east cost port, rail and grain handling assets.

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