Cattle stations aggregations acquisition
Piper Alderman advised CAPH, the buyer of SAWA Aggregation of four stations, on securing approvals and legal issues in the transaction.
Consolidated Australian Pastoral Holdings (CAPH) is a foreign-owned company with a Chinese component, requiring the deal to go through the Foreign Investment Review Board. The purchase was intended to expand the pastoral enterprise and grow the company’s capacity to produce good-quality cattle. Our team advised CAPH, the buyer of the SAWA Aggregation of four cattle stations in the Kimberly region of Western Australia. The aggregation comprised 1 million hectares and approximately 47 000 cattle heads. It is regarded as the biggest ever cattle land deal.
The complex $100m deal involved securing approvals from the Foreign Investment Review Board, Pastoral Lands Board, and Western Australian cabinet when controversy over foreign investment was at its peak. The deal is regarded as one of the largest in Western Australia. Piper Alderman’s experienced team oversees commercial contracts and foreign investments, affirming its ability to manage the transaction successfully.
What our client said
Dale Champion, Director
“I cannot speak highly enough of the service provided by the team at Piper Alderman, and would specifically call out Simon and Bianca for their efforts. The team showed unwavering commitment, patience and flexibility throughout what was a landmark transaction for the region and in turn for our investors.”