Blog Post

Victorian processor ALC explores sale prospect

Australian Lamb Company boning room at Colac

Victorian sheepmeat processor the Australian Lamb Company may be seeking a buyer, metro finance media reports suggest.

The Australian has reported that ALC has placed itself up for sale as it looks to capitalise on the soaring global demand for protein supply.

It says financial advisor PwC is managing the sale process, with documents sent out to prospective buyers.

South American meat processing giant Minerva, which invested in two Western Australian lamb plants last year, was proposed as one potential buyer, but executive Iain Mars was on an…

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