Australia's Largest Organic Poultry Farm Sold
AUSTRALIA - Australia's largest organic poultry farm has been sold to a family-owned agribusiness group in Southern Queensland.According to ABC, Inglewood Farms is a free range poultry farm capable of housing 300,000 broilers and has about 80 per cent of the market share of the organic poultry meat market.
The business has been in the hands of receivers since parent company RM Williams Agricultural Holdings went into administration in June this year.
Receiver Greg Quinn says there was a lot of interest in the business.
"There were nearly 50 interested parties, both domestically and globally.
"I think having somewhat 80 per cent of the domestic organic poultry market share and also offshore links made it an attractive, undervalued footprint for potential parties to get into agriculture and poultry in Australia."