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Charlie Shahin acquires major sheep stations in SA

PRIVATEAug 05, 20264 days ago

Acquiring Company

Charlie Shahin

Acquired Company

Jumbuck Pastoral

AdelaideAustraliaAgriculture and FarmingAgriculture and FarmingFarming

Description

Billionaire Charlie Shahin has acquired Australia's largest contiguous sheep station group from Jumbuck Pastoral. The stations, totaling nearly 1.3 million hectares, were on the market for about two months before the sale. This acquisition is part of Shahin's strategy to grow his agricultural investments, following the sale of his OTR business in 2023.

Company Information

Company

Charlie Shahin

Location

Adelaide, South Australia, Australia

About

Charlie Shahin is a billionaire businessman known for founding the On The Run (OTR) petrol station and convenience store network. He has significant investments in agriculture and has been acquiring large agricultural assets in Australia.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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