Paul Holmes à Court's Heytesbury will take over a global shipping company's live export business in a deal that includes the acquisition of the world's largest purpose-built fleet of livestock ships.
Northern Australia's cattle industry leaders are confident politicians are on their side in the wake of the federal government's decision to ban live sheep exports from mid-2028.
It may not generate the kind of wealth that comes out of mining, property, or selling a big business, but the attractiveness of agricultural investments for wealthy Sandgropers is plain to see.
Heytesbury's $8.5 million plan to revamp the Margaret River Hotel has been given the green light, despite councillors withdrawing support over a move to waive the public art contribution.
Private company Heytesbury has cleared its first hurdle in an $8.5 million plan to modernise and expand the heritage-listed Margaret River Hotel, receiving the backing of the local council.
Margaret River winery Vasse Felix is set to acquire the principal assets of Watershed Premium Wines, under a $20 million deal that allows Watershed's cellar door and restaurant to continue operating under a two-year lease agreement.
Profit at pastoral and winery business Heytesbury Holdings fell more than 57 per cent in the year to December 2016, to $11.7 million, on the back of lower revenue.
A Hong Kong-based company has joined the share register of live export business Wellard International just days after Holmes a Court family entity Heytesbury Holdings took a stake.
