We are thrilled to announce that Bindaree Food Group has acquired the Monbeef processing plant located in Northern NSW from its Japanese owners, S Foods Inc. The acquisition includes the plant, land, and associated assets, which will significantly increase our processing capacity.
The Monbeef plant has an impressive processing capacity and is situated in a prime beef-producing region. This acquisition is a major milestone for us.
At Bindaree, we have been a major player in the Australian beef industry for over 60 years, and this acquisition is a testament to our commitment to expanding our operations and increasing our market share both domestically and internationally. We have always been known for producing high-quality beef products and have a loyal customer base that spans the globe.
Our CEO, Andrew McDonald, is excited about the acquisition and believes that it will enable us to provide even more benefits to our customers, employees, and the wider Australian beef industry.
“We are delighted to add the Monbeef plant to our operations. It is a modern, well-equipped facility, and it will enable us to increase our processing capacity and efficiency. This acquisition will provide significant benefits to our customers, employees, and the wider Australian beef industry,” said Mr McDonald.
The acquisition is expected to be completed in the coming months. We are looking forward to integrating the Monbeef plant into our operations and providing even better service to our customers.