Victorian-based Excel Farms, backed by Canadian investment firm Fiera Comox, has secured Western Australia mixed-farming enterprise Cherylton Farms for a record-breaking price of in excess of $100 million.
This result comes after a competitive expression of interest campaign that closed on 1 December 2022.
Located 23km south-west of Kojonup in the Great Southern Region, the 8554-hectare property drew attention from local, national and international parties.
Cherylton Farms’ existing operations…