Minerva, SALIC set out for more acquisitions in Australia

Minerva, SALIC set out for more acquisitions in Australia

Corporate & Sovereign Strategy Equity M&A Australia Brazil Middle East Capital Markets

Minerva Foods Australia, a joint venture between Brazilian meat company Minerva and the Saudi Agricultural and Livestock Investment Company (SALIC), plans to make more acquisitions after announcing a deal to buy Australian Lamb Company (ALC) for AUD400 million ($254 million). "The acquisition... uniquely complements the existing operations of the group in South America, maximizing commercial opportunities and operational synergies, reducing risks and contributing to the consolidation strategy in

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