Webster Limited

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Webster Limited
Company typePublic
ASX: WBA
IndustryFood and Beverage Manufacturing
Founded1831[1]
FounderAlexander Webster[2]
HeadquartersTasmania and Riverina, Australia
Key people
Roderick Roberts, Chairman[3] John HoskenCEO[4]
ProductsWalnuts, Cotton, and Livestock[5]
RevenueIncrease A$ 275 million (2017)[5]
Websitewww.websterltd.com.au

Webster Limited is Australia's fourth oldest business and was founded in 1831 by Alexander Webster, just 28 years after the settlement of Van Diemen's Land. Founded as a traditional pastoral house, Webster Limited is now a diversified food and agribusiness. Webster Limited acquired the Riverina walnut assets from Gunns Limited in 2010 and is now Australia and the southern hemisphere's largest walnut grower through its ownership and/or management of more than 2,200ha of orchards in Tasmania and the Riverina.[6] Webster has since diversified into cotton and livestock[7] following their A$ 116 million purchase of the 40,000-hectare prime Riverina cropping aggregation, "Kooba", in 2010. [8]

Acquisition and de-listing from ASX

All capital in Webster has been acquired by the Canadian Public Sector Pension Investment Board.[9] On the 21st February 2020 PSP delisted Webster from the Australian Securities Exchange.[10]


References

  1. ^ "Webster Limited - a potted history". Retrieved 8 June 2015.
  2. ^ "Webster – the family behind a growing success story". Retrieved 8 June 2015.
  3. ^ "WEBSTER LIMITED details". Retrieved 8 June 2015.
  4. ^ "Contacts page (Webster Limited website)". Retrieved 8 June 2015.
  5. ^ a b "Annual Report 2017" (PDF).
  6. ^ "Refocussed and Revitalised: Australia's Largest Onion and Walnut Producer is Poised for Growth". Retrieved 8 June 2015.
  7. ^ "Webster to double irrigation area of Kooba properties in Riverina". Retrieved 30 March 2018.
  8. ^ "Webster snatches up 'Kooba'". Retrieved 30 March 2018.
  9. ^ https://www.investpsp.com/en/ Public Sector Pension Board
  10. ^ http://www.asx.com.au/asxpdf/20200221/pdf/44fb3nms865x20.pdf

External links