The portfolio consists of six strategically located properties within the Matamata and Waitoa region. All six properties lie within a 60km radius of each other which is a key feature of the portfolio and is integral to the operation of the successful poultry supply chain.
4x BREEDER FARMS
111 Pohlen Road, Matamata
207 Mowbray Road, Matamata
25 Okauia Springs Road, Matamata
903 Leslie Road, Tapapa.
The four properties have a site area of 115.2 ha and serve as breeder and raiser farms in the Inghams’ supply chain network, producing eggs that are delivered to the hatchery for incubation and hatching.
2 and 16 Banks Road and 7473-7481 State Highway 27, Matamata
The 8.4 ha site at Banks Road serves as a hatchery in the Inghams supply chain network. The hatchery receives eggs from the breeder farms, incubates and hatches chicks for delivery to the contract broiler farms.
594-668 Waihekau Road, Waitoa
The 62.5 ha site at 594-668 Waihekau Road, Waitoa serves as the processing plant in the Inghams’ supply chain network and includes a significant portion of vacant land (circa 31.9 ha out of the 62.5 ha) that is currently utilised for irrigation purposes and grazing.
The combination of the six properties presents a rare and hard to replicate portfolio. The locations are integrally linked and are close to each other, third party broiler farms and the Port of Tauranga.
The complexity of the poultry supply chain network coupled with the resource consenting challenges in setting up a poultry farm, means that the Inghams portfolio of properties would be difficult to replicate elsewhere.