KKR to acquire Australian chicken grower ProTen from Aware Super

July 01, 2025 07:36 PM PDT | By EODHD

Google News:

KKR to acquire Australian chicken grower ProTen from Aware Super — Image source: Kalkine Media

Recent News

Brink's Company Shows Upward Momentum Despite Earnings Lag NYSE Compos...

KeyCorp (NYSE:KEY) Cuts Stake by Financial Firm Amid Market Russell 10...

Royal Caribbean Cruises Ltd Shares Surge Amid Positive Growth Sentimen...

Primerica’s (NYSE:PRI) Strong ROE Signals Stable Growth Amid Steady Ea...

(Reuters) -Private equity group KKR will acquire ProTen, one of Australia’s largest broiler chicken growers, from pension fund Aware Super, the parties said in a joint statement on Wednesday without disclosing financial details. ProTen was established in 2001 and currently manages more than 700 poultry sheds across more than 60 farms. The company has been owned by Aware Super since 2018. "KKR has been actively monitoring the agricultural infrastructure space as a high-conviction thematic," Andrew Jennings, managing director and head of Australia & New Zealand infrastructure at KKR, said in a statement. KKR will make the investment in ProTen from its Asia Pacific Infrastructure Investors II Fund, which has grown its assets under management to about $13 billion since it was established in 2019.

The deal is expected to close later this year, subject to regulatory approvals.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations, and video (Content) is a service of Kalkine Media LLC., having Delaware File No. 4697309 (“Kalkine Media, we or us”) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.