Wednesday, March 20, 2013

ELIZA PARK TO BE OFFERED FOR SALE


ELIZA PARK, one of Australia’s leading thoroughbred stud operations, is to be offered for sale.
In making the announcement, Eliza Park CEO, Cameron Croucher, has revealed that the organisation – encompassing six properties in two states, along with shares and standing rights in 14 stallions – will be sold by public tender through bloodstock auction house William Inglis.
An extensive international marketing campaign will be implemented and expressions of interest will be called for before a closing tender date of April 26th.
The Eliza Park brand is well established and is recognised as one of the leading and most progressive thoroughbred nurseries in the country. The stallion roster is regarded as one of the finest in the nation with 10 stallions standing in Victoria (headed by Black Caviar’s sire and Australia’s leading sire by winners in Bel Esprit and exciting young stallion, Wanted), while in Queensland there are facilities for four stallions, with its current lineup including an Australian Champion First Season Sire in Written Tycoon.
“As a third generation breeder, Eliza Park is the culmination of a life long ambition, although when starting out I never imagined it would grow to what it is now,” Eliza Park’s principal Lee Fleming explained. “It is with somewhat mixed emotions that I’ve made the decision to offer the stud for tender: I’m immensely proud of the Eliza Park’s diversity, its continued growth and its position as one of the nation’s top thoroughbred operations, but this (the proposed sale) has been in the planning for some time. With all the pieces now in place and the stallions going so well, it really is the optimum time to put Eliza Park on the market and represents a tremendous opportunity for investors.
Croucher also points out: “This is an exciting opportunity for a buyer to purchase an established business with a sound bottom line: an organisation that offers every thoroughbred service with highly professional management and staff, stallions and facilities all in place.”
William Inglis concurs: “We are delighted to be offering the Eliza Park property and stallion interests for sale,” said Inglis Managing Director Mark Webster.
“Eliza Park has been at the forefront of the breeding industry in Victoria for many years and is well placed for future growth with a highly competent team and an excellent portfolio of property and commercial stallions on offer. The Kerrie property has a vast array of breeding and training facilities, providing a potential investor plenty of options: and is an ideal time for an investor to get involved on the way up.”
Interested parties should contact either Jamie Inglis or Mark Webster for a copy of the information memorandum and an inspection.
For further information please contact Cameron Croucher on 0417 293 747.


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