NORTHERN New South Wales beef processor Bindaree Food Group has finalised an agreement to purchase the Monbeef processing plant near Cooma in the state’s south.
The deal, expected to be completed after Easter, was confirmed by Bindaree’s chief commercial officer Andrew Simpson this morning.
Beef Central first flagged Bindaree’s possible interest in purchasing the Japanese-owned Monbeef business in this article back in November.
Monbeef is a smaller-scale hot boning export plant processing around 150-180 head per day near Cooma. Most of the kill is made up of dairy and beef cows plus…