Elders Expands Reach with Acquisition of Delta Agribusiness
Elders Limited (ASX: ELD) has announced the acquisition of 100% of Delta Agribusiness Pty Ltd, a major player in the Australian rural services market. The transaction involved issuing 22.3 million new Elders shares and paying AU$292 million in cash to Delta’s shareholders. Elders’ Managing Director and CEO, Mark Allison, highlighted that the acquisition aligns with the company’s strategy of driving value through backward integration and synergy creation. The addition of Delta enhances Elders’ exposure to key regional retail markets and brings a strong agronomy and farm advisory capability. This move significantly broadens Elders’ product and service offerings to Australian farmers, reinforcing its leadership in the agribusiness sector. Allison welcomed Delta’s management and staff, emphasizing the strategic fit and shared commitment to supporting rural communities across the nation. Final cash considerations remain subject to standard completion adjustments
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Elders Expands Reach with Acquisition of Delta Agribusiness
Elders Limited (ASX: ELD) has announced the acquisition of 100% of Delta Agribusiness Pty Ltd, a major player in the Australian rural services market. The transaction involved issuing 22.3 million new Elders shares and paying AU$292 million in cash to Delta’s shareholders. Elders’ Managing Director and CEO, Mark Allison, highlighted that the acquisition aligns with the company’s strategy of driving value through backward integration and synergy creation. The addition of Delta enhances Elders’ exposure to key regional retail markets and brings a strong agronomy and farm advisory capability. This move significantly broadens Elders’ product and service offerings to Australian farmers, reinforcing its leadership in the agribusiness sector. Allison welcomed Delta’s management and staff, emphasizing the strategic fit and shared commitment to supporting rural communities across the nation. Final cash considerations remain subject to standard completion adjustments
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au