Original article by Damon Kitney
The Australian – Page: 17 & 20 : 15-Oct-19
A management buyout of Consolidated Pastoral Company, has been revealed. Guy Hands, the founder of Terra Firma Capital Partners, which bought CPC from billionaire James Packer and his family in 2009, will have a significant stake in CPC under the management buyout. The value of the buyout is expected to be worth between $600 million and $700 million. It is understood private family companies, high net worth investors and superannuation funds will be invited to buy into CPC. It is Australia’s largest private cattle company.
CORPORATES
CONSOLIDATED PASTORAL COMPANY PTY LTD, TERRA FIRMA CAPITAL PARTNERS LIMITED