ProTen eyes Australia, Asia expansion; mulls ASX listing

Wed, 18 Nov 2015

By Tina Morrison Nov. 18 (BusinessDesk) - ProTen, Australia’s largest independent contract grower of broiler chickens for meat, plans to expand its local operations and is eyeing Asia for future growth. The company, whose shares trade on New Zealand's Unlisted market, expects to spend A$140-A$150 million over the next two to three years to expand its Australian chicken farming business, chief executive Daniel Bryant told BusinessDesk. The Sydney-based company this year raised a net A$24.6 million from investors and secured A$60.2 million...

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