Australia’s largest sheep station has been sold to Consolidated Pastoral Company (CPC) for an undisclosed amount.
Jumbuck Pastoral’s Rawlinna Station, around one million hectares in size, is located on the Nullarbor Plain. CPC is owned by United Kingdom-based Terra Firma Capital Partners founder Guy Hands, and operates nine other stations in Australia.
“We plan to work with the existing team and staff on the property, we really want to keep them and then grow the flock,” said CPC CEO Troy Setter.
“We think there's some good opportunities in the Australian sheep industry and it was a good time to invest.”
Rawlinna Station’s 30,000 sheep will be included in the deal. The station plans to increase its wool production capacity once the sale is complete, CPC said.
All employees will also be offered ongoing roles at Rawlinna after the sale.
Fortescue Metals Group previously bid to purchase Rawlinna Station, but withdrew in November following a delay in approval by Western Australia’s government. The company planned to generate renewable energy on the property.
The site was heavily flooded in March 2024, damaging workers’ accommodation and the Rawlinna homestead. Former manager Ross Wood estimated at the time that the station could take up to a year to rebuild.
CPC has been contacted for comment.