Alberta Investment Management Corporation to acquire WA's Kimberley Meat Company abattoir for $56m, pending approval, and plans to reopen it.

Alberta Investment Management Corporation (AIMCo) will acquire WA's only northern abattoir, Kimberley Meat Company (KMC), for $56m, pending Foreign Investment Review Board approval. The closed abattoir, licensed to process up to 77,000 animals annually, is expected to reopen, aiding local cattle market competition and relieving the need for long-distance trucking. The deal includes the purchase of Yeeda and Mt Jowlaenga pastoral stations, eight residential properties, and associated plant and equipment.

August 04, 2024
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