MBO: /DPE Automotive

October 24, 2014 | Industrials | UK
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Acquisition: ACE Farming/Oxdale Farm

Posted: October 24, 2014 | Industrials | Asia Pacific

Deal Feed International Reports: QAF exits Victorian dairy

Press Release:

LISTED Singaporean company QAF, ­formerly known as Bunge, has sold out its last dairy farm in Australia to the European pension fund-backed ACE Farming for close to $5 million.

QAF subsidiary Rivalea, which is also the largest producer and exporter of pork meat in Australia, sold its farm Oxdale, south of Cobram, on a walk-in-walk-out basis.

Deal details sourced by the Deal Feed Team from airyfarmer. (Opens in new window)

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