The largest horseradish farm in Australia, and nationally renowned, family owned and operated horseradish producer, Newman’s Horseradish, is expected to attract interest from fresh produce participants, lifestyle buyers and investors alike, looking to secure a fantastic opportunity on the banks of the Bremer River, offered for the first time in over 70 years.
The owners of Newman’s Horseradish have appointed Colliers’ Nick Goode and Tim Altschwager to market for sale the vertically integrated business, its valuable intellectual property and land assets, which have been developed and continually improved and refined since the Meakins family expanded its operation in Langhorne Creek in 1985.
Colliers’ Associate Director of Agribusiness Transactions Nick Goode, said the Meakins family had positioned itself as an important player in the condiment market, offering a range of products outside of the horseradish staple, including beetroot relish, dips, mustards, crushed garlic and crushed ginger.
The business also includes the assets of Rusticana Wines, which operates out of the cellar door on the property.
Mr Goode said the Newman’s Horseradish business was underpinned by a high-quality horticultural landholding at Langhorne Creek, which has access to abundant water from multiple resources for irrigation and the ability to grow produce over an extended period through rotations.
“The farm spans over 27 hectares and the improvements are substantial, including the seven hectare pivot site, vineyard, homestead and cellar door as well as high quality shedding and of course the production line for the business.”
The property and business assets of Newman’s Horseradish and Rusticana Wines, including farmland, water assets, plant and equipment are For Sale by Expressions of Interest, with First Stage Non-binding Indicative Offers due by 4pm (ACST) on Thursday 28 September.
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