# Minerva Foods Australia to acquire Australian Lamb Company for $400M

Minerva Foods Australia, jointly owned by Minerva S.A. and SALIC, will acquire Australian Lamb Company for $400 million. The deal includes a lamb processing facility in Colac, Victoria, and a boning room in Melbourne.

- Type: Acquisition
- Announced: 2022-10-28
- Where: Colac, Victoria; Melbourne, Victoria, Australia
- Value: $400.0M
- Status: announced
- Products: lamb processing
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Minerva Group](https://endata.com/companies/42865.md) (investor)
- [Minerva Foods Australia](https://endata.com/companies/66204.md) (acquirer)
- [Australian Lamb Company](https://endata.com/companies/66205.md) (target)
- [Saudi Agricultural and Livestock Investment Company](https://endata.com/companies/66206.md) (investor)

## Sources

- [foodmag.com.au](https://www.foodmag.com.au/australian-lamb-company-acquired-by-minerva-foods-australia/), 2022-10-28: "The highly skilled workforce at ALC produces an incredible product which is well respected around the world and we are looking forward to building on this reputation."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.