PSP Investments completed the acquisition of a 60% stake in Ellerslie Free Range Farms.

Public Sector Pension Investment Board, a pension investment manager, completed the acquisition of a 60% stake in Ellerslie Free Range Farms, a producer of eggs. Financial terms were not disclosed. “Over more than 60 years, the Hall family have built one of Australia’s leading egg producers and contributed to building one of the country's most iconic brands. Our investment in this business is very much aligned with our approach of investing alongside best-in-class, local operators who share our values, long-term horizon and commitment to sustainable farming. In many cases, this results in us investing alongside farming families who have cared for their land and animals for generations. That’s what we have found in Ellerslie," Marc Drouin, PSP Investments Senior Managing Director.