Bob Ingham, the sole shareholder of Australia poultry producer Inghams Enterprises Pty Ltd., has decided to sell the business.
"My decision marks the next phase for the successful ongoing development of the company and is one that I, as sole shareholder, have considered for a number of years,” said Ingham. Investec Bank (Australia) Limited has been appointed to manage the process of identifying a buyer for Inghams from a range of potential bidders. The Investec-managed process is expected to take several months. The day-to-day operations of Inghams will continue under the direction of CEO Kevin McBain and his team.
"My decision marks the next phase for the successful ongoing development of the company and is one that I, as sole shareholder, have considered for a number of years,” said Ingham. Investec Bank (Australia) Limited has been appointed to manage the process of identifying a buyer for Inghams from a range of potential bidders. The Investec-managed process is expected to take several months. The day-to-day operations of Inghams will continue under the direction of CEO Kevin McBain and his team.
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