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Press Release

Congratulations to New Forests and AIMCo on being awarded Farmland Deal of the Year 2024

Congratulations to our clients New Agriculture, a New Forests company, and Alberta Investment Management Corporation (AIMCo) who were awarded the Farmland Deal of the Year 2024 (Global & APAC) for the Kimberley Cattle Portfolio investment, at the fourth annual Agri Investor Global Awards. 

The deal involved the acquisition of the Kimberley Cattle Portfolio, a cattle breeding and grazing operation that owns more than 2.9 million hectares of land and over 100,000 head of cattle. The deal was one of the largest single transactions of farmland in Australia’s history. 

Grant Thornton Partners Tim Hands, Jared Grima, Jason Casas and Pierre-Olivier Lavergne-Brossard are proud to have assisted on all financial aspects of preparing the bid.

New Forests won four awards in total, including the Personality of the Year award for New Forests chairman David Brand. The deal also contributed to AIMCo’s three wins at the awards. 

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