Wednesday, 29 August 2012

Liverpool. Sales expected to be $1.5 billion

Investec Bank Australia expects to send out an information memorandum, on September 10, for Inghams Enterprises, headquartered in Liverpool, which sole owner Bob Ingham put up for sale last month. The company, which has a 35 per cent market share of the poultry market, expects to generate sales of $200 million over the next year. The Australian Financial Review said Mr Ingham hopes the business to fetch as much as $1.5 billion.

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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.

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Wednesday, 25 January 2012

Liverpool. Inghams is a winner

Inghams Enterprises, in Liverpool, won the Best Workplace Health and Safety Management System category, in WorkCover’s SafetyWork Awards 2011. Inghams, a household name in food, particularly poultry, employees 2300 people and deals with more than 250 contractors in NSW. Over the past three years, Inghams has achieved a five per cent reduction in claims, a 38 per cent reduction in the number of incidents and a 35 per cent reduction in lost time injuries.

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