Giovi was created in 2015 when Wellard Group renamed its WA Wheatbelt farming operations from Wellard Agri to Giovi as part of a corporate reorganisation to prepare the company’s flagship trading division for an ASX listing.
The name change reflected the current and future ownership structure of Giovi, which will remain under the 100 per cent ownership of the Balzarini family.
The name Giovi and its logo were chosen to honour the Italian heritage and longtime farming history of Mauro and Giovanna Balzarini.
Giovi had both mixed farming and 100 per cent cropping properties at Dongara, Watheroo and Kojonup, providing the family company with geographic and commodity diversity. Its genetics division included the Hyfield Poll Merino stud at Kojonup,The Grange Afrino and Western Cleanskin sheep stud at Dongara and The Grange Charolais cattle stud.
It is understood that Giovi has since sold off all of those properties and the Balzarini family no longer holds any Australian interests.