Consolidated Pastoral Company (CPC) has purchased Rawlinna, Australia's largest sheep station, in a multi-million dollar deal. The acquisition marks CPC's entry into large-scale sheep and wool production in Australia.
Consolidated Pastoral Company ( CPC ), a UK-based firm, has acquired Rawlinna , Australia 's largest sheep station , in a reported multi-million dollar deal. This acquisition significantly expands CPC 's Australia n land holdings to over 4.2 million hectares, an area equivalent to the Netherlands. The sale agreement is pending approval from the Foreign Investment Review Board and the Western Australia n government.
Rawlinna, spanning 1,046,323 hectares, features a notable 400km boundary fence designed to keep wild dogs at bay. The sale includes the existing sheep flock, which can reach up to 65,000 head during peak seasons. CPC plans to retain the station's Merino sheep production focus and aims to enhance its sheep and wool output in the coming years. Troy Setter, CPC's chief executive officer, emphasized the company's commitment to building upon Rawlinna's legacy and its strategic decision to diversify its farming portfolio in Australia. CPC, originally Australian-owned since 1879, was acquired by the UK-based Hands family in 2020. The company currently manages a portfolio of nine station aggregations in Australia, two feedlots in Indonesia, and over 300,000 head of cattle. CPC supplies both Australian and international customers and owns Isis Downs, which accommodates up to 31,000 cattle and 45,000 goats. The previous owners, Adelaide-based Jumbuck Pastoral, were once the fifth-largest landowners in Australia, with properties spanning three states, including South Australia and New South Wales. They have stated their intention to retain and grow their existing sheep and cattle station portfolio.
CPC Rawlinna Sheep Station Australia Acquisition Land Holdings Merino Sheep Jumbuck Pastoral
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