CASE STUDY 1 - Asset Divestment
PROBLEM
The Japan based owner and operator of an Australian abattoir wanted to sell its international assets in order to focus on homeland operations. The NSW based abattoir had a single shift capacity of 600 head of cattle.
SOLUTION
In order to maximise return, Arthy Purtle Agribusiness proposed a sales strategy staged over three discrete marketing phases.
- Phase 1: offer on a going concern basis as a profitably operating business
- Phase 2: sell all plant and equipment
- Phase 3: sell the real estate land and buildings
The first phase strategy was implemented through a targeted marketing campaign in Australia, New Zealand, the Indian subcontinent, the Pacific and South Africa.
RESULTS
The Phase 1 marketing campaign was successful, the abattoir sold on a going concern basis, as a profitably operating business.
CASE STUDY 2 - Multi Site & Multi Asset Type Valuation Services
PROBLEM
On acquiring an Australian and New Zealand abattoir and smallgoods business for $1.45 billion, the multi-national buyer required immediate valuation of the constituent business assets for stamp duty and other government and statutory compliance.
The valuation requirement was complex and covered farms, water licenses, abattoirs, small goods manufacturing plants, cold store distribution and retail butcher shops, throughout Australia and New Zealand. Asset Valuation reporting time frames were limited and logistics complex.
SOLUTION
Arthy Purtle Agribusiness offered the efficiency of a seamless, one contact professional valuation service with the in-house resource to provide the multi-disciplinary technical skill requirements.
RESULT
All constituent business assets were visited and valuations provided within the statutory and time frame requirements.
CASE STUDY 3 - Asset Acquisition
PROBLEM
Our client operated a successful cold store and whole carcass refrigerated transport company. In line with industry movement, the company wanted to expand its cold store and transport capacity to handle chilled meat product carton storage and transport. To achieve this effectively, it needed expert advice on industry asset values and asset acquisition strategies.
SOLUTION
Despite extremely tight time constraints, Arthy Purtle Agribusiness inspected and evaluated potential sites and provided its client with informed and opportunistic asset value and acquisition advice.
RESULTS
Based on this advice our client successfully acquired the desired asset which today represents the central head office operation of the cold store and refrigerated transport company.
CASE STUDY 4 - Asset Divestment
PROBLEM
A once successful meat processor and cold store facility had failed to update its plant and equipment and was dependent on one significantly large customer. At a time when the industry was experiencing complex market pressures, the company lost its one remaining customer who had decided to operate its own meat processing and cold store facility.
SOLUTION
Arthy Purtle Agribusiness recommended a strategy to offer the business to the market in two stages in order to maximise return. First, plant and equipment and secondly, the real estate land and buildings.
RESULT
The plant and equipment auction achieved a 100% clearance in a short period of time largely due to effective prospect identification and contact strategies. The subsequent sale of the Real Estate (land & buildings) achieved an outstanding result, well exceeding market expectations.
CASE STUDY 5 - Asset Divestment
PROBLEM
Diverse and complex business problems had forced a long established medium sized smallgoods manufacturer into insolvency. It needed to sell its assets for maximum value in order to clear all debt, including a costly lease on rented premises.
SOLUTION
Arthy Purtle Agribusiness recommended a strategy to break up the business components and sell at auction, as the most efficient and effective means to achieve maximum asset value.
RESULT
A break up auction was concluded in six weeks from brief, allowing the company to clear all debt and achieve a positive 20% financial residual.
CASE STUDY 6 - Multi Site & Multi Asset Type Valuation Services
PROBLEM
Our client is the owner operator of a vertically integrated agri-business with multiple interests across many nodes of the agri-business value chain including; feedlots, abattoirs, tannery, value adding services, cold store distribution, domestic & export sales. The business is required by ASIC to provide financial reporting documentation for statutory purposes on a regular basis, including regular asset value updates to conform to Australian Accounting Standards Board (AASB) standards.
The asset valuation requirement was complex, covering tangible plant, machinery & real estate assets encompassing residential dwellings, vacant urban land lots, motel, farmlands, feedlots, abattoirs, tannery, value add facilities and cold store distribution assets, across four mainland states of Australia. Asset Valuation reporting time frames were limited and logistics complex.
SOLUTION
Arthy Purtle Agribusiness offered the efficiency of a seamless, one contact professional valuation service with the in-house resource to provide the multi-disciplinary technical skill requirements.
RESULT
All business assets were inspected and valuations reports provided within the statutory time frame & conforming to the Accounting Standard requirements.