Consolidated Pastoral Company has acquired the Beetaloo aggregation in the Northern Territory for over $300 million, significantly expanding its portfolio in the cattle industry.

Target Information

The Beetaloo aggregation of cattle stations, situated in the Northern Territory, has been recently acquired by Consolidated Pastoral Company (CPC) for over $300 million. This substantial transaction, finalized on December 9, involves 1.05 million hectares of land that includes Beetaloo Station, OT Downs, and Mungabroom Station. The deal not only involves the land but also includes a herd of approximately 90,000 Brahman cattle, enhancing CPC's already extensive holdings in the region.

Beetaloo Station is renowned for its advanced cattle farming operations, bolstered by a comprehensive livestock watering infrastructure initiated by John Dunnicliff. Since its establishment in 2002, the station upgraded its water supply network, significantly enhancing its grazing capacity and productivity. The historical significance of this acquisition underscores the transformation led by Dunnicliff, which has left a lasting impact on beef cattle farming in the area.

Industry Overview in the Northern Territory

The Northern Territory (NT) is a vital region for Australia’s beef cattle industry, characterized by extensive land suitable for cattle grazing. The pastoral sector is a significant contributor to the NT’s economy, with beef expo