Noosa News
Consolidated Pastoral Company sale finalised with British investor Guy Hands for at least $500 million
One of Australia’s largest privately-owned cattle companies has been bought-out by a British investor for at least $500 million, ABC Rural understands.
Key points:
- CPC has been bought by the owner of a British private equity firm
- The deal includes almost 300,000 cattle and 3.2 million hectares of land in NT and Queensland
- CPC is one of the largest privately-owned cattle companies in Australia
Consolidated Pastoral Company (CPC) has been bought by Guy Hands and his family, along with the CPC management, completing a deal that was flagged in October 2019.
The sale includes just under 300,000 head of cattle, nine pastoral leases across the Northern Territory and Queensland totalling around 3.2 million hectares, and a 90 per cent stake in a…
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