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Bundy billionaire clan's $40m land buying spree | Sunshine Coast Daily sunshinecoastdaily.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunshinecoastdaily.com.au Daily Mail and Mail on Sunday newspapers.
The Greensills have snapped up more than $40m of land in the Bundaberg region over the last five years as they expanded their agricultural operations into one of the biggest in the state. The acquisitions have allowed the Greensills to expand their broadacre production of sweet potatoes, peanuts and cane to gain lucrative supply contracts with national food brands including Coles, Bega and Edgell. But there are worrying signs the operations could be collateral damage in the fall out from the Greensill Capital collapse, with signs the farms are under some financial pressure. Greensill Capital was worth an estimated $7bn before it collapsed and entered voluntary administration on Tuesday morning. ....
Bundy billionaire clan's $40m land buying spree noosanews.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from noosanews.com.au Daily Mail and Mail on Sunday newspapers.
The global headquarters of troubled financial giant Greensill Capital is on a country road just outside the Queensland city of Bundaberg surrounded by fields of sweet potatoes and cane. The address listed as 383 Windermere Road, Qunaba, is marked by a few sheds on the edge of a vast expanse of rich-red soil. It may be thousands of kilometres away from the gilded towers of London s Square Mile, but this is where the billion-dollar enterprise dreamed up by farmer s son Lex Greensill began life. The Greensill clan, along with their interest in UK-based Greensill Capital, now run one of the biggest commercial farms in Bundaberg, employing hundreds of workers and exporting thousands of tonnes of sweet potatoes, melons and sugar cane. ....
Inside story of billionaire empire on brink of collapse tweeddailynews.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tweeddailynews.com.au Daily Mail and Mail on Sunday newspapers.