Going bananas: Australia’s biggest grower up for sale for $180m
The farms and operating business of Australia’s biggest banana grower, Mackays, have been put on the market and could fetch as much as $180 million to resolve succession planning issues after the interests of the owning family diverged too much for it to stay in charge of the operation.
The nine farms spread across the Tully and Lakeland regions of Far North Queensland span 5861 hectares and combined produce 13 per cent of the national banana crop.
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