Australia’s VOAG hits the market in US$65 million sale as poultry competition grows
Privately owned VOAG farms in New South Wales are on sale for over US$65 million.
AUSTRALIA – VOAG, One of the largest privately held poultry businesses in Australia has been listed for sale, with its value estimated at more than US$65 million (A$100 million).
The portfolio, operated under VOAG, consists of 80 chicken sheds grouped into five separate farms located in the Tabbita area of New South Wales’ Riverina, about 30 kilometres from Griffith.
VOAG was established a decade ago by Robert Vojtkiv, who expanded the business from Victoria through supply contracts with Baiada, one of Australia’s leading chicken processors.
The sale comes during a period of heightened interest in poultry assets, particularly from private equity firms and institutional investors seeking long-term returns.
In May, KKR secured a deal worth US$852.96 million (A$1.3 billion) to acquire Aware Super-owned chicken producer ProTen, surpassing offers from Roc Partners and Northleaf Capital Partners.
ProTen is among the country’s largest chicken producers, with the ability to supply 174 million birds annually, which accounts for roughly a quarter of national consumption.
Its operations cover 62 farms with 720 poultry sheds across different regions, making it one of the most expansive poultry property holdings in the country.
Since that acquisition, Brisbane-based agriculture fund manager AAM has begun exploring exit opportunities for investors in its Southern Cross Poultry Fund through advisory firm Gresham Partners.
The fund, valued at about US$98.41 million (A$150 million), controls 11 farms with 90 sheds across 3,507 hectares in South Australia and produces approximately 21 million chickens annually.
Meanwhile, Southern Cross Farms, a free-range poultry business in South Australia, has been placed on the market for an estimated US$13.12 million (A$20 million) after entering administration.
The VOAG farms span over 212 hectares and offer a production area of 245,000 square metres, with approval to manage more than 5.2 million birds per batch cycle.
According to Colliers representatives Jesse Manuel and Duncan McCulloch, who are managing the listing, the facilities are equipped with modern infrastructure, including solar and water systems, intended to improve operational efficiency and reduce environmental impacts.
The offering adds another large-scale asset to a market where competition for poultry investments continues to increase.
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