Argonaut acted as Financial Advisor to Margaret River Premium Meat Exports Pty Ltd in 2019, for the complete sale of the company to Stone Axe Pastoral Company Pty Ltd for an undisclosed amount, to continue the production of the iconic brand and maintain long-term customer relationship. The merger was possible through numerous domestic and international prospective investors, which provided negotiation and transaction support for MRPME shareholders.
Margaret River Premium Meat Exports Pty Ltd (MRPME) is an integrated Wagyu Beef business operating since 2003, and one of the largest producer and supplier of Wagyu Beef in Western Australia, exporting to over 15 countries. MRPME rebranded to Margaret River Wagyu Beef following the sale to Stone Axe Pastoral Company Pty Ltd in 2019, one of the leading producers of Purebred and Full Blood Japanese Black Wagyu globally. Stone Axe Wagyu and the Margaret River Wagyu brands are famous for their extensive marbling characteristics. Stone Axe Pastoral’s operations are strategically located all over Australia to cater to the environment needed to breed and raise quality Wagyu for their range of premium Wagyu Beef products.
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