Macquarie Asset Management announced, after a public tender process, it has reached an agreement for New Forests and Alberta Investment Management Corporation, on behalf of certain clients, to acquire Lawson Grains Pty Limited.
Lawson Grains will remain Australian-managed under its ownership. Under the transaction there will be no significant changes to the Lawson Grains management team in its Albury headquarters or to current on-farm teams.
The completion of this acquisition is subject to Foreign Investment Review Board (FIRB) approval. All commercial terms are confidential.
Lawson Grains is one of Australia’s leading corporate grain growers, comprising a 90,500 arable hectare agricultural land estate across New South Wales and Western Australia. It is one of Australia’s largest grains and oilseeds businesses, producing over 200,000 tonnes per year of wheat, barley, canola and pulses.
Headquartered in Sydney, New Forests is a global forestry investment manager offering high-impact strategies in sustainable forestry and related sectors.
