Western Meat Packers to retain family ownership

By Georgi Gyton

- Last updated on GMT

Related tags Mergers and acquisitions Beef

Australian cattle processor Western Meat Packers Group has decided to retain its status as a family business, despite acquisition and merger propositions.

Founder Rod Russell, who owns the business with his wife Shana, recently announced he would be stepping down from the business’s day-to-day operations, but would remain as director. Andrew Fuda has been promoted from general manager to chief executive.

Russell said: "After careful deliberation of recent merger and acquisition propositions from interested parties, we committed to retain family ownership of Western Meat Packers and move the company forward under Andrew’s guidance, while maintaining the traditional values of customer and supplier loyalty, which Shana and I have always valued.

"I’ve focused on always delivering the best possible meat-eating experience for customers. That customer focus has driven Western Meat Packers for the past 30 years, which is why our business continues to grow, with fully integrated slaughtering, processing and packing facilities in place and cattle producers clearly telling us they want to continue to do business with a 30-year-old, first-generation WA (Western Australia) business, which is here for the long haul."

The business was established in 1983, growing from a small butcher’s shop to a global businesss processing 1,800 cattle a week and employing 320 staff, with offices in China, Thailand and South Korea.

Related topics Meat

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