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- Her Hancock Prospecting pastoral arm has bought Sundown Valley, near Kingstown, west of Armidale – one of the state’s best known and largest-scale backgrounding and finishing operations – as well as the Gunnee feedlot near Inverell. Both assets were held by owners and developers, Neil Statham and family’s Sundown Pastoral Co.
www.beefcentral.com › news › rinehart-purchases-showcase-sundown-valley-and-gunnee-feedlotRinehart purchases showcase Sundown Valley and Gunnee feedlot
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Aug 8, 2018 · Her Hancock Prospecting pastoral arm has bought Sundown Valley, near Kingstown, west of Armidale – one of the state’s best known and largest-scale backgrounding and finishing operations – as well as the Gunnee feedlot near Inverell. Both assets were held by owners and developers, Neil Statham and family’s Sundown Pastoral Co.
Hancock Prospecting Pty Ltd (“HPPL”) is pleased to confirm the acquisition of the Sundown Valley grazing property and Gunnee Farm and feedlot from Sundown Pastoral Company and Mort & Co.
In 2016 Paradise and Newstead were sold to the Paraway Pastoral Co owned by The Macquarie Bank. The originals Sundown Valley property and the Gunnee feedlot was sold in 2018, to Hancock Agriculture owned by Mrs Gina Rinehart.
Sep 11, 2018 · Gina Rinehart's Hancock Prospecting Pastoral arm has bought 17,800-hectare backgrounding property Sundown Valley near Armidale NSW and Gunnee Feedlot near Inverell, NSW.
Mrs Rinehart’s AFR Business Person of the Year Award Acceptance Speech and Q&A
In 2016 their Paradise and Newstead properties were sold to the Paraway Pastoral Co owned by The Macquarie Bank. The originals Sundown Valley property and the Gunnee feedlot was sold in 2018, to Hancock Agriculture owned by Mrs Gina Rinehart.
The deal followed the purchase of the enormous 18,000ha Sundown Valley backgrounding aggregation near Kingstown, west of Armidale. Both assets were purchased from Neil Statham and family’s Sundown Pastoral Co. Gunnee, which was formerly part-owned by Mort & Co, has a rated capacity at 14,000 SCU.
