Stanbroke completed the acquisition of Rangers Valley Cattle Station from Marubeni.

Stanbroke, a beef business for cattle stations, feedlots, and beef processing and distribution, completed the acquisition of Rangers Valley Cattle Station, a producer of marbled beef, from Marubeni a trading company. Financial terms were not disclosed. “I see this change as a positive step forward – it presents opportunities that strengthen the RV proposition. We look forward to the ongoing support of Rangers Valley suppliers and customers as our brands continue to lead the global premium beef market," Keith Howe, Rangers Valley Cattle Station Managing Director.