Consolidated Pastoral Company


The Consolidated Pastoral Company is a large, privately owned, Australian Agrifood business which operates 20 cattle stations covering over 5.8m hectares, managing more than 370,000 cattle, in Western Australia, the Northern Territory and Queensland. Its direct sales channels primarily involve selling cattle and beef to Asian consumer markets, domestic feedlots or processors, and exporting live cattle.

History

CPC was formed in 1983 with the purchase of various holdings in the Northern Territory, including Newcastle Waters Station, from Ashburton Pastoral Company. The Company acquired Isis Downs Station in 1987 at which time the property occupied an area of for an estimated 10 million. The Company acquired Nockatunga Station in 1990.
Consolidated placed Isis Downs on the market in 2003 following a decision by Kerry Packer to focus on beef cattle and meat processing operations. At the time the was stocked with 80,000 merino sheep and 10,000 mixed cattle and was offered for an estimated 20 million. The sale was not successful and in 2004 the company decided to remove all sheep from the property and introduced cattle instead.
In April 2009 a majority share in CPC was acquired by private equity firm Terra Firma.
Keith Warren resigned as Chief Executive Officer of the company in 2014 citing family reasons after less than one year in the position. Troy Setter took over after joining the company only four months earlier from Australian Agricultural Company.
The company acquired Bunda Station, adjacent to Kirkimbie, in the Victoria River District in the Northern Territory for approximately 15 million in 2014. The property had been passed in at auction two years earlier for 10 million.

Cattle stations