Guyra Milling changes hands

Guyra Milling Operations Manager, David McCathie

22nd Jun 2021

Mort & Co, Australia’s largest privately owned lot feeder, is set to acquire Guyra Milling following a comprehensive due diligence process. Guyra Milling was established in 2007 by the Vivers family. The mill has a maximum capacity of 20,000 tonnes per annum, and currently supplies pellets in bulk, bulka and 20kg bags.
The agreement will see Mort & Co purchase the site and its physical assets, including the mill, three delivery trucks and some additional equipment. Importantly, the core Guyra Milling team members will continue with Mort & Co, ensuring the mill can remain open for business and provide a smooth transition for customers.
Guyra Milling Operations Manager, David McCathie, said the acquisition was a positive outcome for everyone.
“It’s fantastic news for our team and our customers that the mill remains operational. It’s also massive for the local area. There is only an upside from this agreement for all parties involved”.
Owner Belinda Vivers also touched on her interactions with the Toowoomba based feedlotter.
“To be involved in negotiations with a business such as Mort & Co gives you confidence. They are a strong company who are growing, but more importantly, they have great values, which has been evident in all our dealings with them. They run a highly professional organisation and their team, in conjunction with ours, have been exceptional throughout the process in getting us to this point”.
While Guyra Milling customers will be required to open a new trading account with Mort & Co in order to continue trading, there is expected to be little disruption to the business.
“For our existing customers, it’s fantastic to know that they will still be able to access all the products currently on offer, whilst Mort & Co explore innovative products and services to continue to support our customer base,” Mrs Vivers said.
When discussing the acquisition, Mort & Co CEO, Stephen O’Brien, was excited about the company’s future.
“It’s an exciting time ahead for Mort & Co Stockfeeds and we look forward to welcoming David and the Guyra Milling team into the business on the 1st of July. We’d like to thank the Vivers family for working proactively with us throughout this transaction and are grateful to them for entrusting the future of the business (that herself and Jack built over 14 years) to Mort & Co”.
The acquisition is due to be finalised on 1st July, 2021.

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Guyra Milling changes hands

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