CK Advises Major Agrifinance Player StockCo on Elders Acquisition of Equity Stake

13 October 2016

ClarkeKann has advised longstanding client StockCo on the acquisition by Elders of a 30% stake in its Australian business.

StockCo is the largest specialist provider of livestock financing in Australia and New Zealand. It provides a wide range of specialised agrifinance solutions to farming businesses. Elders has been prominent in the Australian agribusiness sector for over 175 years. “An equity position will strengthen our relationship with StockCo and align the growth ambitions of both companies” said Mark Allison, Chief Executive Officer of Elders in an ASX announcement.

At the same time, CK assisted StockCo to complete a capital restructure, including a $30 million secured note issue and advice concerning the exit of an investment bank.

CK’s Head of Financial Services, Miles Anderson, led the CK team that advised StockCo on all elements of these related and complex transactions. Miles said: “I have been working with StockCo since it entered the Australian market in 2006. This transaction represents a significant achievement in the Company’s growth strategy and I look forward to being involved in the next stage of the Company’s business.

CK is delighted to have assisted StockCo in implementing its growth strategies.


Miles Anderson


Miles leads our Financial Services team and has practised in the areas of banking and finance, property and agribusiness for over 20 years.

This bulletin is produced as general information in summary for clients and subscribers and should not be relied upon as a substitute for detailed legal advice or as a basis for formulating business or other decisions. ClarkeKann asserts copyright over the contents of this document. This bulletin is produced by ClarkeKann. It is intended to provide general information in summary form on legal topics, current at the time of publication. The contents do not constitute legal advice and should not be relied upon as such. Formal legal advice should be sought in particular matters. Liability limited by a scheme approved under professional standards legislation. Privacy Policy


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