Home / Sector / Consumer Staples & Discretionary Shares / Elders confirms Killara Feedlot sale completion for June 2026

Elders confirms Killara Feedlot sale completion for June 2026

Elders secures final regulatory approvals for the Killara Feedlot sale, with completion expected by 30 June 2026.

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Laura Stewart
Author bio Laura Stewart is a Finance Editor at The Motley Fool, where she covers Australian and international equity markets. She joined the company in 2022, following a career transition from legal advisory work in Southeast Asia into the investment industry. Prior to her current editorial role, Laura spent three years as an Equity Analyst and Writer, producing investment research across the ASX, NYSE, and NASDAQ. Her coverage included small-cap growth companies, thematic investment ideas, and high-quality U.S.-listed businesses. Laura holds a Master of Applied Finance and brings additional expertise in accounting, taxation, and estate and wealth planning from her postgraduate studies. She also has a background in law and communications, which supports her analytical and reporting work in financial markets. Outside of work, she enjoys spending time in the Adelaide Hills with her flock of sheep. Education Laura holds a Bachelor of Laws, a Bachelor of Communication (Journalism), and a Bachelor of Commerce with majors in Accounting and Corporate Finance. In 2025, she completed a Master of Applied Finance at the University of Adelaide, receiving postgraduate awards in Accounting Concepts & Methods, Ethical Principles in Accounting & Finance, Real Estate Valuation & Investment, and Tax, Estate & Wealth Planning. Social media LinkedIn FYI – I am taking a break from social media at the moment, so this account isn’t active at the moment, but I will let you know when I rejoin. Favorite investment quote "Compound interest is the eighth wonder of the world. He who understands it, earns it... he who doesn't... pays it." — Albert Einstein
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The Elders Ltd (ASX: ELD) share price is in focus today as the company provided an update on the sale of its Killara Feedlot business, confirming all regulatory approvals are now in place and settlement is set for the end of June.

a man puts his hand on the nose of a bull in a lovely green rural setting with the bull raising his nose to meet the man's touch.

Image source: Getty Images

What did Elders report?

  • Satisfied all conditions for the divestment of Killara Feedlot Pty Ltd
  • Received FIRB clearance on 15 June 2026
  • Received ACCC approval on 22 May 2026
  • Completion of the sale to Australian Meat Group Pty Ltd expected by 30 June 2026

What else do investors need to know?

Elders had previously advised it would divest 100% of its shares in Killara Feedlot Pty Ltd. The agreement with AMG required clearance from both the Australian Competition and Consumer Commission (ACCC) and the Foreign Investment Review Board (FIRB).

With both approvals now granted, there are no further conditions holding up the deal. Elders expects to finalise the transaction on 30 June 2026, marking an important milestone in the company's portfolio strategy.

What's next for Elders?

With the sale of Killara Feedlot set to complete, Elders can focus on its ongoing portfolio simplification and strategic priorities. The divestment may help the company sharpen its agricultural services offering and free up resources for further growth opportunities.

Management has indicated that they will provide further updates to investors as the transaction completes and the business moves forward post-sale.

Elders share price snapshot

Over the past 12 months, Elders shares have declined 15%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 4% over the same period.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Elders. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

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