Rinehart adds $30m station for Wagyu beef

Original article by Matthew Cranston
The Australian Financial Review – Page: 4 : 16-Nov-15

Australian businesswoman Gina Rinehart has paid $A30m for the 10,000-hectare Glencoe Station in New South Wales. The acquisition will allow Rinehart to further expand her Wagyu beef business, after she paid $A25m for two cattle properties and a Wagyu herd in 2014. A number of other Australian business leaders have expanded into the agricultural sector in recent years.

CORPORATES
HANCOCK PROSPECTING PTY LTD, MEAT AND LIVESTOCK AUSTRALIA LIMITED, COLLIERS INTERNATIONAL HOLDINGS (AUSTRALIA) LIMITED, MCG GROUP PTY LTD, HARTLEY GRAZING COMPANY PTY LTD, MILNE AGRIGROUP PTY LTD, LIVERINGA STATION BEEF PTY LTD

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