before the vote - what have we all learnt?, page-8

I was drifting on the web and came across this article,tell me Iam wrong and that this is not great southern plantations subsidary that was kept below the radar?



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Wednesday, 27 January 2010
Craig Mostyn buys Great Southern pork business

By FoodWeek Online @ 10:58 AM 0 Comments Manufacturing and Marketing - Primary Production


Craig Mostyn Group (CMG) has bought the Great Southern Pig Company's (GSP) outdoor piggeries at Albany and Narrogin, Western Australia, from Paspaley Group.

GSP has one of the largest outdoor pig herds in Australia, with 2000 sows in a combination of free range and straw-based eco-shelters.

CMG Chief Executive Officer, David Lock and Paspaley Group Chief Operating Officer, Ken Glasson said the sale resulted from a mutual review of the potential of GSP between CMG and the Paspaley Group, concluding with the subsequent sale of the livestock and feedstocks to CMG. The sale will be concluded early in February.


With piggeries no longer a core part of Paspaleys nationwide long term agribusiness plans and with GSP pigs already supplied to CMGs Linley Valley Fresh processing works at Wooroloo and CMG looking to secure supply of outdoor raised pigs, the friendly transaction is a win-win for both parties and WAs pork industry, said a statement from the two.

Lock said CMG/Linley Valley Fresh had identified increasing domestic and export consumer demand for quality fresh pork produced from breeder and grower pigs raised outdoors in welfare friendly environments.

Before the CMG purchase of the business operations of GSPs two piggeries at Albany and Narrogin, which jointly run 2000 sows, CMGs piggery operations included two breeder units and seven grow-out units, comprising 70,000 pigs on the ground at any one time.

CMGs state-of-the-art Linley Valley abattoir processes half a million pigs a year, employs 280 people, has export sales of about $50 million a year and supplies about 60 per cent of Australias fresh pork into Singapore.

Lock and Glasson said the acquisition by CMG of GSP would not affect staff employed at GSPs piggeries, who have been offered employment with CMG, or relationships with farmers supplying pigs to CMG.


Source: CMG, Paspaley Group.


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