Australia's leading producer of sweet corn and beans, the Mulgowie Farming Company, owned by the Emerick family for 70 years, is now for sale. This vertically integrated operation, spanning 5,100 hectares across Queensland, New South Wales, and Victoria, delivers approximately 90,000 tonnes of fresh produce to major supermarkets annually.
The portfolio includes significant irrigation capabilities and processing facilities, with an extensive management team and a network of 50 growers. The business, known for its diverse crop range beyond its primary products, is exploring sale options as part of its succession planning. The asking price exceeds $200 million, highlighting its position as a significant entity in the horticultural sector.
Source: commercialrealestate.com.au