Meat sales and marketing company, Sanger, announced an agreement with Bindaree Beef to merge into Bindaree Beef Group.
Sanger will continue to operate as an independent, stand-alone subsidiary of the new company.
“At Sanger we care about outcomes for rural Australia and its people. Since 1973 we have been sharing Australian meat with the world. We all live, breathe and love meat. Over the years we have grown and it is our passion for what we do that has led to our continuing success”, said long term Sanger shareholder, Graham Greenhalgh.
Sanger has expanded rapidly over the last 5 years. This financial year Sanger has marketed and sold $650m of meat, supplying 350 regular customers around the world and across all sectors of the food and hospitality industry. Sanger specialises in supplying branded beef grades such as Wagyu, Angus, marbled grain and grass fed beef, farm specific supply chain brands, veal, lamb and chicken.
Sanger is operated by seven partners all holding senior executive positions in the company with combined meat industry experience of 142 years. Sanger also focuses heavily on investing in young talent to deliver solutions for customers well into the future. Having grown from a team of 20 a few years ago, Sanger now has more than 60 meat sales, marketing and support specialists located in Sydney, Melbourne, Dublin, Dallas, Atlanta and Shanghai.
“During a period of recent consolidation within the meat industry, we saw the opportunity to partner with our major supplier, who supports our customers with about 55 per cent of their combined orders. The merger will also allow our livestock team to work more closely with the sales team to deliver better outcomes for our customers and producers”, said Bindaree Beef Director, John Newton.
The merger took effect on 6th July 2015 and was a non-cash transaction between the companies.