Argonaut acted as Financial Advisor to Dardanup Butchering Company (DBC) on its new partnership, which will see Westpork acquire a 50% stake in the 70 year old WA family business.
The transaction will strengthen DBC’s position in the market as a processor, wholesaler and food service provider and create substantial business opportunities without any change or effect to staff, customers, supplier and producers. The joint venture will facilitate and expand DBC’s footprint even further, as a paddock to plate provider of quality meats in WA and potentially the Eastern States.
Argonaut is delighted to have supported DBC on this transaction, which is an excellent outcome for both parties. We wish DBC and Westpork a prosperous future with the joint venture.