Type Public Owner Publicly listed Revenue 1.36 billion AUD (2014) | Industry Agribusiness Brands Roberts Ltd, OSKA, CEO Travis Dillon Net income 10.56 million AUD (2014) | |
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Formerly called Ruralco Holdings Limited Stock price RHL (ASX) A$ 2.81 +0.01 (+0.36%)24 Mar, 4:10 PM GMT+11 - Disclaimer Headquarters New South Wales, Australia Subsidiaries Roberts Limited, Agritech Rural Pty Ltd | ||
Ruralco corporate video
Ruralco is an Australian diversified agricultural company, headquarter in Hobart, Tasmania that provides real estate, insurance, auctioneer services, agricultural equipment and other services to the Australian rural community. Since being founded in 1970 it has expanded via a series of mergers into a billion dollar company.
Contents
- Ruralco corporate video
- Mark evans ruralco part 1 the employer challenge of securing qualified staff in agribusiness
- History
- Subsidiaries
- Joint ownership
- Other acquisitions
- References
Mark evans ruralco part 1 the employer challenge of securing qualified staff in agribusiness
History
Ruralco was founded in 1970. By 2001 it had 384 rural supply stores under the brands CRT and Town & Country. In September of that year it merged with Grow Force Australia.
In May 2006 it reverse merged with Australia's oldest publicly listed company, Tasmanian agricultural corporation Roberts Limited.
It sold Monds and Affleck feed supplies to the Ridley Corporation in 2011.
In 2008 it was described as having quietly begun to rival the 'big two' of agricultural industry in Australia, Elders Limited and Landmark. By 2014 it owned 10.1% of Elders, unsuccessfully attempting to purchase the rural services section of Elders for 250 million in 2013. Following falling profits from Elders and the knockback of its purchase offer, it sold all 10.1% of the company.
In February 2014 it acquired Total Eden, a water supplies company, from Anchorage Capital Partners for AUD$57.4 million.
Subsidiaries
Subsidiaries of Ruralco include;