Mort & Co
DCP was provided the opportunity to acquire a meaningful equity interest in Mort & Co who operate one of Australia’s largest independent vertically integrated beef feedlot operators, with over 25 years history of trading and managing business growth and agricultural cycles.
Mort & Co’s three world-class feedlots are located within Queensland’s high-density cattle and crop growing region of the Darling Downs, in close proximity to major meat processing facilities.
Grassdale, Pinegrove and Yarranbrook feedlots have a combined developed capacity of 96,700 Standard Cattle Units (SCU), and the ability to turnover more than 240,000 cattle per annum. Grassdale Feedlot is currently Australia’s largest feedlot with a licenced capacity of 70,000 SCU. In addition, approval has been granted for the development of Australia’s newest greenfield feedlot site with capacity of an additional 36,500 SCU’s, strategically positioning Mort & Co to become Australia’s largest lot-feeding company.
The Group’s continued dedication to sustainability and innovation has expanded their operations to include fertiliser, stockfeeds, farming, livestock transportation, branded beef operations as well as specialist lot feeding and cattle backgrounding.
10%
Target IRR