Queensland Sugar backs Australian Cane Farm’s expansion plans

Sugar cane farm aggregator Australian Cane Farms is poised to become one of the country’s biggest independent sugar producers after it raised $55 million to buy a 2100-hectare portfolio of farms in Queensland’s fertile Burdekin region, south-west of Townsville.

The acquisition will be bolted onto ACF’s existing 2250-hectare portfolio of sugar cane farms in the Burdekin, Australia’s premier sugar cane region.