food, beverages & agriculture

WHAT WE DO

The primary sector underpins a large part of Australasia's economy and is forecast to surge in the next four years, even as production increases modestly. Global economic growth will ensure demand for Australasia's primary sector commodities. Cranleigh's team has deep knowledge and skills to provide advice and practical solutions in the food, beverages and agriculture industries. This includes dairy, beef, sheep, horticulture, agriculture and forestry sectors among others.

HOW WE DO IT


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Srvices offered by the team include:

  • Fully integrated financial reporting models
  • Development of market driven, integrated value chain models
  • Financial and valuation modelling
  • Skilled advice on mergers and acquisitions
  • Development of business cases
  • Structuring and implementation of joint ventures and partnerships
  • Prospectus preparation
  • Advice on corporate strategy and fundraising
  • Governance and corporate reviews of management and organisations

WHAT WE HAVE DONE FOR OUR CLIENTS


FOOD

  • Developed a fully integrated financial reporting model for a major aquaculture firm. The engagement subsequently led to the preparation of a joint venture model proposal and negotiation with local iwi, advisory services in relation to restructuring the company and preparing an Information Memorandum for an upcoming capital raising.

FOOD

  • Advised Hubbard Foods, New Zealand on the sale of a 35% shareholding to Rotorua Energy Charitable Trust. The sale introduced a community-based investor to Hubbards.
  • Advised the vendor of Med-Chem Ingredients on the sale of the Australasian-domiciled business to Nuplex Industries.
  • Development of a market driven, integrated value chain model for the red meat industry with an initial focus on the lamb sector.

BEVERAGES

  • Advised DB Breweries on the sale of Liquorland to Foodstuffs New Zealand. Liquorland comprises of a national chain of 75 stores and the transaction involved the negotiation of a 10 year on-going support agreement with DB Breweries.
  • Advised the company's owners on the sale of Esvin Wine Resources, a leading supplier to the New Zealand wine industry, to an Italian trade buyer.

BEVERAGES

  • Advised DB Breweries on the sale of Liquorland to Foodstuffs New Zealand. Liquorland comprises of a national chain of 75 stores and the transaction involved the negotiation of a 10 year on-going support agreement with DB Breweries.
  • Advised the company's owners on the sale of Esvin Wine Resources, a leading supplier to the New Zealand wine industry, to an Italian trade buyer.

FARMING

  • Provided advice to the Fonterra Shareholders' Council on the trading of shares amongst Fonterra farmer shareholders. This represented a major change in the co-operative's capital structure and was passed by the council.
  • Undertook for Taranaki Investment Management Fund an independent review of the business case, financial assessment and business proposition of the fund acquiring a company comprising of 21 Australian farms for A$110m.

FARMING

  • Prepared an independent report and financial analysis on the business of CraFarms Group, owner of 21 dairy farms carrying 30,000 cows, with more than $200m of debt. The report helped the banks prepare reports for their credit committees.
  • Provided advice to NZX listed Allied Farmers on the restructure of its livestock division. A joint venture was designed and established between the company and its livestock agents giving the business a robust future structure.

FISHING AND AQUACULTURE

  • Advised Rodney Economic Development Trust on the feasibility of establishing a regionally-linked aquaculture industry cluster connecting local industry, research expertise, processing and export capability.
  • Advised a subsidiary of Hauraki Trust on the acquisition of a shareholding in a fish processing operation.
  • Advised a client on the business case for establishing a marine farm for the aquaculture of a new species.
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FORESTRY

  • Undertook valuations of pulp and paper forestry operations worth about $300m.
  • Two of Cranleigh's directors come from a farming family that owned stud Angus, Hereford and Shorthorn cattle and stud Romney sheep. They owned a large hill country station farming cattle and sheep.

CONTACT

To contact our Food, Beverage and Agriculture Team call:
New Zealand Mike Stanton at +64 27 687 5223
Australia Paul Bayly at +61 405 922 715