Harmony Capital acquires Harvey Beef

Private equity fund Harmony Capital has moved to full ownership of the state's largest meatworks, Harvey Beef, after buying out partners Elders and Stark Investments.


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All the very best to the team at Harmony Capital. Harvey Beef is one of WA's Icons and we all wish them well in establishing themselves as a powerhouse of Australian Industry.

Is Stark another hedge fund just selling off assets before they go down the tubes completely?

I trust that the workers who were made "redundant" by Harvey Industry Group will be offered their jobs back?

The Sunny West
Heard it all before... No matter how many times you suffle the deck, the cards are still the same.. As for icons, well GM was once an Icon.. and due to poor management, just like Harvey Beef, they crumbled. I feel sorry for the farmers and employee's who have to roll over and take it for these "get rich quick mongers".. You can't run a business such as HarveyBeef with ex Airline or Tax Accountants as the CEO.. Unfortuantely, a lot of innocent poeple have had to pay for thier mistakes..

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WA Revenue most recent financial year

9th↑Galati Group$285.5m
10th↓Harvey Beef$284.8m
11th↓International Livestock Export$185.4m
12th-AAA Egg Company$182.2m
88 agribusiness ranked by WA revenue most recent financial year

Number of Employees

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