Swift Australia today reopened its King Island abbatoir, with assistance from the Tasmanian state government. Tasmanian Premier David Bartlett said today the multi-million dollar upgrade of the King Island abattoir ensured a sustainable and long term future for jobs and the local economy. Mr Bartlett joined King Island Mayor Charles Arnold to officially open the refurbished Swift Australia abattoir and celebrate a new beginning for the plant which faced closure last year. “This vindicates the Government’s... ...Read more »

The Australian Competition and Consumer Commission today issued a Statement of Issues on the proposed acquisition of Rockdale Beef Pty Ltd by Swift Australia Pty Ltd. The Statement of Issues seeks further information on certain competition issues which have arisen from the ACCC’s market inquiries to date.  Issues that may raise concerns include: acquisition of feeder cattle  increased market concentration ability of smaller feedlots to provide an effective competitive restraint available... ...Read more »

Brazil’s JBS S.A. has, through its wholly owned subsidiary Swift Australia, reached an agreement with Vion food Group to acquire Tatiara Meat Company (TMC).”TMC is a high quality lamb processing business, servicing quality high end markets in the United States, Canada and Europe. It has a strong brand and quality product reputation both in the international and Australian domestic market,” JBS noted in a statement.  JBS agreed to pay $30 million for Bordertown-based Tatiara –... ...Read more »