Australia's Ingham Poultry Business Bought by TPG Capital
11.03.2013
Bob Ingham announced Saturday that TPG Capital, a private equity firm, won the bidding for the acquisition of Ingham Enterprises, Australia's largest poultry firm. TPG will be paying more than Aus$880 million ($901 million) plus a small cash premium.
Inghams was founded by Walter Ingham in 1918. From a piece of bushland in Sydney's southwest, the company has grown into Australia's biggest chicken producer, generating annual revenue of $2.2 billion.