Sale of Harvey Beef to Twiggy Forrest

7 May 2014

News

The Brisbane office of Thomson Geer has advised Hong Kong based fund manager, Pacific Alliance Group, on the sale of leading WA beef producer, Harvey Beef, to Andrew ‘Twiggy’ Forrest’s Minderoo Group in a deal worth over A$40 million.

Harvey Beef is one of WA’s most iconic and best-known brands.

This transaction follows hot on the heels of the sale of Kilcoy Pastoral Company to China’s largest private agribusiness, New Hope Group and other co-investors in December 2014 for a reported $75 million.   We acted for KPC’s owner, Singapore based private equity fund, Harmony Capital on this sale.