Investments

World’s largest sheep farm in Australia sold to UK investment group


Rawlinna Station in Australia has just changed hands for an undisclosed sum. Courtesy photo
RS1

A UK based investment group has just purchased the world’s biggest sheep farm, based in Australia, that stretches to 1,046,323 hectares and has a rated carrying capacity of 87,421 sheep. 

Rawlinna Station is located on the Nullarbor Plain, 400 kilometers east of Kalgoorlie in Western Australia, and was owned by Jumbuck Pastoral that has a number of other stations throughout the country.

It has been purchased by the UK based Consolidated Pastoral Company, which already owns several cattle stations in Australia, but has now made a move into sheep production.



The sale agreement is conditional upon CPC receiving Foreign Investment Review Board approval for the acquisition of the station, and the customary Western Australia government approval to the transfer of the pastoral lease. The sale is otherwise unconditional.

Rawlinna Station in Australia has just changed hands for an undisclosed sum. Courtesy photo
RS1

Although the sale price is not being disclosed by either party, Rawlinna has been sold as a going concern “walk in, walk out” basis. The sale includes all the sheep flock, and all current employees will be offered ongoing roles with CPC.



This huge farm features a renowned boundary exclusion fence, to keep out wild dogs, that spans some 400 kilometers in length.

HISTORIC RANCH

CPC has a long history in Australian agriculture, dating back to 1879. In October 2020, the UK based Hands Family Office purchased 100% of CPC. Since then, CPC has continued to grow its portfolio, overseen by its Australian and Indonesian management team headed by CEO Troy Setter.

Troy Setter, CEO of CPC said, “We are excited with the acquisition of Rawlinna that will see CPC return to large scale sheep and wool production. It is arguably the largest single sheep property in the world.

Troy Setter is the CEO of UK based investment group CPC. Courtesy photo
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“Our owners, the Hands family, have held significant sheep production properties in the UK and we believe now is a good time to invest in Australia’s sheep and wool industry.

“Rawlinna represents an opportunity for us to re-enter the Australian sheep production space at scale and accelerate our ambition of building out a quality diversified portfolio by both geography and production type.

“We now have assets in cattle, goat, sheep and wool production, natural capital and over 20,000 hectares of cropping capacity.

“We have no intention of converting Rawlinna away from sheep production. We will aim to build on the legacy of Jumbuck Pastoral by further developing Rawlinna to increase its sheep and wool production capacity in the years to come,” he said.

Rawlinna Station is located on the Nullarbor Plain, 400 kilometers east of Kalgoorlie in Western Australia. Courtesy photo
RS4

ABOUT JUMBUCK

Jumbuck Pastoral is one of the largest livestock production enterprises in Australia. Established in 1888, it is a family owned company with vast land holdings throughout the country.

Jock MacLachlan, Jumbuck Pastoral, said, “Rawlinna Station occupies an important space in our family’s history. We are delighted that it will be passed to a custodian the caliber of CPC, with a strong record of sustained investment in our industry and whose owner takes a multi-generational view.

“We look forward to seeing CPC invest in the next stage of Rawlinna’s development and the career opportunities that will be provided to the Rawlinna management team.”

CPC owns and operates a portfolio of nine station aggregations in Australia and two feedlots in Indonesia. Across more than 3.2m hectares of land, the CPC team run more than 300,000 head of cattle, 45,000 goats and produce a diverse range of crops. With an asset base in excess of AUD$1.2 billion, CPC supplies a variety of domestic and international customers.

CPC owns the iconic Isis Downs Station that was one of Australia’s largest sheep stations and today runs 31,000 cattle and 45,000 goats.

Staff at Rawlinna Station are being offered jobs with CPC. Courtesy photo
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