Tuesday, 17 July 2012

Liverpool. Inghams Enterprises for sale

Inghams Enterprises Pty Ltd, based in Liverpool, is on the market and expected to fetch $1.6 billion to $1.8 billion. Bob Ingham, 81, and the late Jack, his brother, started in the chicken business after their father, Walter, died in 1960. They built the chicken business to become one of Australia's biggest with an annual turnover of more than $2 million. It has some 30 per cent of the domestic market. Likely buyers include large offshore private equity firms and some of the world’s biggest agricultural producers, according to The Australian Financial Review. The company has facilities in Australia and New Zealand and employs more than 9000 people in more than 100 locations.


Prestons. Super depot opened

Sydney Water MD, Kevin Young, has officially opened a new super depot in Prestons, combining office-based and field-based staff from sites at Cecil Hills and Warwick Farm. “It is ideally located in Prestons as it is situated within an industrial and warehousing area away from houses and close to the main traffic routes. The depot is the third and final super depot and can accommodate up to 100 staff,” he said.

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