Investments

Back

Harmony Agriculture and Food Company

Merricks Capital have partnered with Harmony Agriculture and Food Company to provide a $30m finance package over 24 months. Working closely with Harmony CEO Anthony Fellows, Merrick Capital provided a tailored capital solution supporting growth and restructuring of the business.

Harmony is a producer of premium, grain-fed wagyu beef for domestic consumption and export markets They feed 17,000-head cattle across three feedlots including two owned facilities at Dimboola in western Victoria and Westbeef at Kalannie, WA, and custom-feeding F1 Wagyu at Hell’s Gate, southern NSW.

Anthony Fellows, CEO of Harmony said – “In seeking re-finance options, multiple parties expressed interest in offering solutions to the business. The decision to proceed with Merricks Capital was driven by their strong understanding of the agricultural sector, further enhanced by their presence in soft commodities. This was deemed essential to mitigate risk in an ever-increasingly challenging commercial environment.

<