George Weston sells fresh pork business
Craig Mostyn Group, an 85 year old Australian
privately owned food and agribusiness company headquartered in Fremantle,
Western Australia, has bought the fresh pork business of George Weston
Announcing the acquisition, CMG Chief Executive, David Lock, said the
investment would further strengthen CMG's commitment to its PPC/Linley Valley
WA sourced pork
“We are 100 per cent
committed to our fresh pork business, with all our pork sourced from WA
producers. When offered the opportunity to add further certainty and strength to
the WA industry, we commenced negotiations and a lengthy due diligence
“I'm delighted this has now culminated in our purchase of the
fresh pork assets and business of George Weston Foods/Watsons Foods, which had
already announced in July that it would be closing its smallgoods operation in
Spearwood,” Mr Lock said.
From November 7, 2008, CMG will own and manage
GWF's 4000 sow piggery 'Wandalup Farms' and its production contracts with
grow-out units around the state, plus some plant and equipment from
CMG hopes to also enjoy the support of existing GWF fresh pork
customers, including supermarkets, who would now be supplied with Linley Valley
acquisition would give CMG greater certainty of supply of pigs and therefore
greater certainty of supply of fresh pork to domestic and export customers.
With an annual throughput of about 600,000 pigs, PPC/Linley Valley
processes 98 per cent of WA's pigs, is WA's only export abattoir and is one of
Australia's major exporters of fresh pork into south-east Asia.
year CMG invested several million dollars upgrading the boning line to
state-of-the-art, with the capacity for full traceability of product from farm
to customer and this year has invested in farm production units.
Linley Valley Fresh pork is sourced from pigs raised on quality assured WA farms
and fed on premium WA grown grain.
• Craig Mostyn
• George Weston Foods
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