Introduction to Terra Firma grounded in heritage, built for scale, and designed to endure.
Terra Firma is a food story still being written — grounded in heritage, built for scale, and designed to endure.
The foundations of the platform predate the modern language of entrepreneurship. The families and enterprises forming Terra Firma’s backbone established their livelihoods within Australia’s primary processing sector from the 1980s onward — operating slaughtering, deboning and fabrication facilities with discipline, precision and long-term commitment.​
One cornerstone acquisition represents a major Australian beef enterprise that has operated continuously across three generations. This heritage has forged deep operational capabilities, disciplined execution, and enduring relationships with producers and customers. It is this combination of generational experience and commercial rigor that underpins Terra Firma’s cultural strength and industrial capability.
Terra Firma is advancing this legacy through a structured, institutionally governed consolidation strategy designed to scale national processing capacity and integrate value-added operations across Australia.​​Upon completion of its targeted acquisitions, Terra Firma is expected to operate approximately 20 primary, secondary, value-add, and logistics assets nationally, forming a vertically integrated, export-aligned protein platform.
The consolidated group is projected to deliver pro forma revenue of approximately A$6.3 billion for the FY2028 pro forma financial forecast Terra Firma’s strategy is clear: build sovereign-scale processing capability, strengthen domestic supply chains, and establish a resilient, nationally integrated infrastructure platform positioned for long-term institutional growth.
OUR STORY IS FORGED FROM THE LAND
The land will be our LEGACY
Welcome to Terra Firma, where our narrative is continually evolving. Rooted in heritage and designed for sustainability, we take pride in our strong relationships with our people, livestock, and communities.
As we aspire to be a premier Australian protein meat producer, we create exceptional dining experiences that reflect the essence of Australia and share our commitment to quality with a global audience. We invite you to join us on this journey of flavor and tradition that will endure for generations.
The Consolidated Group
Capacity & Strategic Advantages
Following completion of the targeted acquisitions, Terra Firma Equity Limited is expected to operate one of Australia’s largest integrated multi-species protein processing platforms, significantly expanding national processing capacity and supply chain integration.​
The consolidated platform is projected to process approximately 5,700 head of beef, 25,000 smallstock, and 5,000 pork per day, alongside 50,000+ hides per week and 3,000 tonnes of value-added production. This scale strengthens whole-animal utilisation, enhances co-product monetisation and supports diversified revenue across domestic and international markets.
Supported by a network of 3,000+ livestock producers, 2,500+ customers, 3,000+ employees, and export access to 60+ countries, Terra Firma combines processing capacity, procurement depth and global market reach.​Through consolidation and operational integration, the platform is positioned to deliver greater supply chain resilience, improved processing efficiency and scalable long-term growth, reinforcing Australia’s role as a leading global supplier of high-quality protein.
Targeted Capital Structure & Funding Summary
Overview
Terra Firma Equity Limited is building a nationally integrated protein infrastructure platform designed to strengthen Australia’s red meat supply chain. Through targeted acquisitions and long-term capital investment, the Company is consolidating key processing, manufacturing, and logistics assets into a vertically integrated group serving domestic and global markets.​The platform combines primary processing, value-added manufacturing, cold-chain distribution and export coordination under a unified operating framework.
Supported by strong governance standards and industry partnerships, Terra Firma is positioned to deliver operational resilience, diversified earnings, and long-term value creation.​To support the acquisition program, the targeted platform represents an estimated enterprise value of approximately A$1.85 billion.
The capital structure includes A$440 million in vendor equity, with a net cash acquisition requirement of approximately A$1.41 billion. Funding is expected to comprise A$650 million in institutional equity, A$700+ million in senior secured acquisition facilities, and A$150 million in working capital and transaction funding, providing total funding capacity of approximately A$1.50 billion.
Through disciplined consolidation and operational integration, Terra Firma is establishing an institutional-grade protein platform capable of operating at a national scale, supporting Australia’s role as a leading global supplier of high-quality protein while enabling long-term growth and international market expansion.
Consolidated Platform Overview
Executive Summary
Following completion of the targeted acquisitions, Terra Firma Equity Limited is expected to become one of Australia’s largest integrated multi-species protein processing platforms, operating at industrial scale across processing, value-added manufacturing and global export markets.​The consolidated platform is anticipated to include 20+ facilities nationally, with 10+ freehold industrial landholdings located across key livestock production regions, providing strong infrastructure backing and long-term operational control.
The platform is projected to process approximately 5,700 head of beef, 25,000 smallstock, and 5,000 head of pork per day, alongside 50,000+ hides per week and 3,000 tonnes of value-added production, thereby strengthening whole-animal utilisation and co-product monetisation.
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Supported by 3,000+ livestock producers, 2,500+ customers, 3,000+ employees, and export programs across 60+ countries, Terra Firma combines processing scale with diversified global market access.​
On a pro-forma basis, the Group is expected to generate revenue of A$6.3 – A$6.8 billion and EBITDA of A$610 – A$635 million, reflecting the benefits of integrated operations, diversified protein categories and value-added production. Collectively, Terra Firma represents nationally significant food infrastructure, positioned to deliver resilient earnings, long-term growth and expanded global participation in the protein supply chain.
Platform Positioning
Platform Positioning
Terra Firma Equity Limited is establishing a vertically integrated, asset-backed protein platform designed to operate as long-duration industrial infrastructure within Australia’s agricultural supply chain.​The consolidated platform integrates strategically located processing facilities, industrial land assets, advanced manufacturing systems and export-accredited production sites serving retail, foodservice, institutional and global export markets.
Through this integrated model, Terra Firma maintains supply chain control from livestock procurement through to value-added processing and international distribution, strengthening operational efficiency, asset backing and earnings resilience. Developed under institutional governance standards aligned with a future public-market transition, Terra Firma is positioned not simply as a processor but as a nationally integrated protein infrastructure platform designed for scalable long-term growth.​
Further Information
Detailed investment materials will be provided to sophisticated, institutional and professional investors via the Terra Firma investor portal, subject to eligibility verification and execution of a Non-Disclosure Agreement (NDA).​Important NoticeThis webpage contains summary information only. All figures and projections are illustrative and subject to completion of acquisitions, financing arrangements, and regulatory approvals. This material does not constitute an offer of securities.
Any investment will be made only through formal transaction documentation and in accordance with applicable laws and approvals.​
Global & ASX Positioning
Executive Summary | Global & ASX Positioning
Subject to completion of the targeted acquisitions and successful admission to the official list of the Australian Securities Exchange, Terra Firma Equity Limited is expected to emerge as one of Australia’s largest integrated multi-species protein processing platforms and a meaningful participant within the ASX Consumer Staples sector.
On a pro-forma basis, the consolidated Group is forecast to generate annual revenue of approximately A$6.3 – A$6.8 billion and EBITDA of A$610 – A$635 million, positioning Terra Firma among the larger Australian-headquartered food and protein businesses.​At this scale, and subject to IPO valuation, free float and liquidity requirements, the Company would seek eligibility for inclusion in the S&P/ASX 200, placing Terra Firma within the cohort of Australia’s leading publicly listed industrial and consumer staples companies.​
From a global industry perspective, Terra Firma’s projected revenue profile places the Group within the mid-tier of internationally listed protein processors. While smaller than global mega-cap operators such as JBS and Tyson Foods, the consolidated platform would operate at industrial processing scale comparable to established regional exporters across North and South America.​
Economic Impact
Economic Impact | Executive Summary​
Following completion of the targeted acquisitions, Terra Firma Equity Limited is expected to become one of Australia’s largest integrated multi-species protein processors and a significant independent processing platform in the Southern Hemisphere.
The consolidated platform will operate at industrial scale with capacity exceeding 5,000 head of beef per day, 25,000 smallstock per day, and 3,000 tonnes per week of value-added production.Terra Firma will support 3,000+ employees, partner with 3,000+ livestock producers, and supply 2,500+ customers globally, exporting to 60+ countries across six continents.
This diversified network strengthens regional supply chains, supports employment stability and reduces reliance on any single market.​ As Australia transitions away from live sheep exports by 2028, the industry is expected to shift toward expanded domestic processing and higher-value boxed meat exports. This structural change creates a significant opportunity to increase value-added production and retain greater economic value within Australia.​
Anchored in regional Victoria, Terra Firma will invest in processing infrastructure, automation, cold-chain logistics and workforce development, reinforcing farmgate demand while supporting long-term regional economic growth.​Collectively, the platform strengthens national food security, export capacity and supply chain resilience — supporting jobs, regional communities and Australia’s global protein industry.​
Conclusion
Conclusion:
Terra Firma Equity Limited is building a nationally integrated protein infrastructure platform designed to strengthen Australia’s position as a leading global supplier of high-quality protein.​Through disciplined consolidation, strategic infrastructure investment and vertically integrated supply chain capability, the platform combines processing scale, asset backing and global market access to deliver resilient long-term growth.​
Supported by strong producer partnerships, diversified customers and export markets spanning more than 60 countries, Terra Firma is positioned to operate at industrial scale while contributing to regional employment, food security and national export capacity.​
As the platform continues to expand, Terra Firma aims to deliver sustainable value for producers, customers, communities and institutional investors — connecting Australian agriculture to the world.