The aggregation, put together by Avocados Australia vice-chairman Daryl Boardman, includes 43,000 mostly Hass trees and a packaging business.
A 420-hectare “paddock to plate” avocado aggregation with 43,000 trees in south-east Queensland has hit the market with an asking price of more than $50 million.
About 235 hectares of the aggregation is planted predominantly with Hass avocados, with a further 95 hectares suitable for further plantings.Also included in the offering is the Boardmans’ Sunnyspot Packhouse avocado packing and marketing business. “As well as being able to drive significant efficiencies in labour, equipment and packing operations, the ability to provide consistent year-round supply to key domestic and export customers is rare in the industry,” he said.While the Boardmans will continue to operate the integrated business, Mr Boardman said it needed a deep-pocketed investor.
A year later, another Canadian pension investment manager, PSP Investments, acquired a minority stake in the country’s biggest avocado grower, Simpson Farms, after the family-owned business, includingThe Boardmans and their co-vendors have appointed LAWD agent Danny Thomas and Damian Bryce from map19 to take High Country Avocado Aggregation to market.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The money expert who puts avocado on her plate each dayJessica Irvine’s day on a plate is a diverse portfolio of frozen leftovers, Aldi sausages and stolen mini Easter eggs.
Read more »
Barilaro appointed US trade commissionerFormer NSW deputy premier John Barilaro has been appointed as senior trade and investment commissioner to the Americas in a move criticised by the opposition.
Read more »
‘Fault all round’: Peter Dutton aims to deflect blame for Australia’s energy crisisLiberal leader says Coalition made ‘huge investments’ in renewables when in power and blames states for locking up gas reserves
Read more »
Qantas, Airbus make sustainable fuel pledgeQantas is asking businesses to pitch for support to get biofuel projects off the ground as part of a pledge to invest up to $288 million to ramp up Australia’s sustainable fuel industry
Read more »
Cooper Energy plans $245m raising to buy APA’s OrbostCooper Energy’s set to brave wild equity markets and seek to raise $245 million fresh equity this week.
Read more »
Homegrown produce and swap groups are breaking the supply chains that bind themAs vegetable aisles are stripped bare, people are seeking self-sufficiency and choosing to not be locked into supply chains and fluctuating costs — for at least one component on the dinner plate.
Read more »