Duxton Farms Ltd Announces Strategic Expansion and Financial Moves

In a significant development for the Australian agricultural sector, Duxton Farms Ltd, a prominent player in the consumer staples industry, has announced a strategic merger that is set to reshape its operational landscape. The company, known for its extensive portfolio of agricultural assets, is poised to acquire four private companies, enhancing its presence in the walnuts, dried fruits, orchards, and beekeeping industries.

Strategic Merger and Financial Placement

On June 26, 2025, Duxton Farms Ltd revealed its plans to acquire Duxton Dried Fruits Pty Ltd, Duxton Walnuts (Duxton Dairies (Cobram) Pty Ltd), Duxton Bees Pty Ltd, and Duxton Orchards Pty Ltd. This merger is expected to significantly increase the scale of Duxton Farms’ portfolio, which already spans approximately 177,000 hectares. The acquisition of these companies aligns with Duxton Farms’ strategy to diversify and strengthen its commodity offerings.

In conjunction with the merger, Duxton Farms has announced a $4.0 million conditional underwritten placement of new fully paid ordinary shares at an offer price of $1.25 per share. This financial move is designed to support the merger’s implementation, contingent upon receiving the necessary approvals. Additionally, the company has declared a one-off 85% franked special dividend, signaling confidence in its financial health and future prospects.

Trading Halt and Market Reaction

Prior to the announcement, Duxton Farms Ltd requested a trading halt on the ASX All Markets, effective from June 26, 2025. This pause in trading was implemented to allow the company to finalize its announcement details and ensure a smooth communication process with the market. The halt is expected to remain in place until either the commencement of normal trading on Monday, June 30, 2025, or the release of the full announcement, whichever occurs first.

The strategic merger and financial placement are anticipated to bolster Duxton Farms’ market position, potentially leading to increased investor interest and a positive impact on its share price. With a market capitalization of 53.09 million AUD and a close price of 1.35 AUD as of June 24, 2025, the company is well-positioned to leverage these developments for future growth.

Forward-Looking Perspective

As Duxton Farms Ltd navigates this transformative phase, the company’s leadership is expected to focus on integrating the acquired entities and optimizing their operations to maximize synergies. The strategic expansion into new agricultural sectors not only diversifies Duxton Farms’ portfolio but also enhances its resilience against market fluctuations.

Investors and stakeholders will be closely monitoring the company’s progress as it implements these strategic initiatives. The successful execution of the merger and placement could pave the way for Duxton Farms to achieve its long-term objectives, reinforcing its status as a key player in the Australian agricultural landscape.

For more information, stakeholders are encouraged to visit Duxton Farms’ official website at www.duxtonfarms.com and stay updated on further developments.