Shareholding paves the way for expansion at Australia’s largest pecan grower
One of Canada’s largest pension investment managers has invested in leading Australian nut producer Stahmann Farms (SFE).
Public Sector Pension Investment Board (PSP Investments) was yesterday (8 May) revealed as a shareholder in SFE, Australia’s largest pecan grower and processor.
SFE’s existing owners will retain a substantial stake in the business, with the current management team and workforce to continue in their roles.
“PSP Investments is … uniquely positioned to seize opportunities and maintain its investments for the long term,” SFE said in a release. “PSP Investments is an agile investor focused on developing strong partnerships with best-in-class and like-minded local operators.”