Mort & Co sells two Queensland feedlots to return capital, keeping core operations and staff.

Mort and Co, Australia’s largest private beef feedlot operator, is selling two Queensland feedlots—Pinegrove and Yarranbrook—along with its stake in a planned Gogango feedlot, as part of a strategic shift after failing to secure a major investor despite strong interest. The move, aimed at returning capital to over 50 shareholders and supporting future growth, leaves the Grassdale feedlot and core operations intact. The company emphasized that the sold assets include established teams, contracts, and supply chains. No staff changes are expected, and the business remains committed to its long-term vision.