Potential PE target Ingham Chicken goes on the block
Ingham Enterprises, Australia’s largest poultry producer, has put itself up for sale, alerting potential private equity bidders. Sole shareholder Bob Ingham he had decided to exit “after long and careful consideration.” Investec has been appointed to run the sale process, which is expected to take several months.
The company was founded in 1918 and Ingham and his late brother Jack inherited it from their father in 1953. It employs 9,000 people in Australia and New Zealand, generating annual revenues of A$2.1 billion...
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