Mort & Co will go on the market this week, following a decision by the company’s board of
directors.
The decision follows the successful sale of two of the company’s other feedlots; Pinegrove
Feedlot near Millmerran and Yarranbrook Feedlot at Inglewood.
The decision to sell the company reflects the current robust growth within the industry
and the ongoing demand for high-quality grain-fed beef.
“The Board has decided that the company, at its most successful and highest point, will be
best taken to the next level under new ownership – a decision which clearly has not been
made lightly.” said CEO, Stephen O’Brien.
“It’s almost 30 years since Charlie decided to open his own business and custom feed for
graziers – it’s incredible to stand back and look at what has been established in that time,”
says Mr O’Brien.
Mort & Co now runs a vertically integrated supply chain servicing Australia’s largest
feedlot. That supply chain includes a fleet of 45 prime movers, a cotton seed dehulling and
de-oiling plant and five award winning Angus and Wagyu beef brands which are exported
across the globe. This is all possible with the partnerships of more than 2000 vendors
supplying cattle directly to Mort & Co.
“We go to market today as a highly respected Agricultural business – one of the best in
Australia, with a reputation for quality and trusted values. Mort & Co is known as a leader
in the industry - built through innovation, courage and resilience – but most importantly
through the commitment from our people and our partners,” Mr O’Brien said.
The business is underpinned by sustainable practices and a strong circular economy –
including the highly successful manure granulation factory - which puts it in an ideal
position for future opportunities in the growing industry.
“As we move through this transition, our priority is to maintain the strong and consistent
operations Mort & Co is so well known for, while supporting our loyal and skilled team,”
said Mr O’Brien.
All sale inquiries can be direct to the team at LAWD
Jaclyn Hope jaclynhope@lawd.com.au; Danny Thomas dannythomas@lawd.com.au
For further comment or images from Mort & Co please contact the company’s
Communications Manager:
marita.taylor@mortco.com.au
