Australian meat product supplier Kilcoy (KGF.US) is listed in the United States, intending to raise 100 million US dollars.

date
17/06/2025
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GMT Eight
Kilcoy Global Foods submitted an application to the U.S. Securities and Exchange Commission (SEC) on Monday, planning to raise up to $100 million through an initial public offering.
Australian meat product supplier Kilcoy Global Foods (KGF.US) submitted an application to the U.S. Securities and Exchange Commission (SEC) on Monday, planning to raise up to $100 million through an initial public offering (IPO). The 72-year-old company plans to list on the Nasdaq Capital Market and has selected Citigroup and Morgan Stanley as joint lead underwriters, but has not yet disclosed a specific price range. The IPO preparations began as early as January 10, 2025, when the company secretly submitted its listing application to regulatory authorities. As a key player in the global multi-protein supply chain sector, Kilcoy has built a strategic operating network spanning Australia, the United States, and China. Its product matrix covers various meat and protein products, with a service network covering more than 40 countries and regions globally. Its customers include secondary channel distributors engaged in primary processing, specialized processing channel distributors for ready-to-eat/heated products, and those providing raw materials support for industries such as hides and tallow in the primary processing sector. Notably, the company is deeply embedded in the global restaurant supply chain system, serving as a major protein supplier to multinational fast food giants and a key partner to upscale burger chain brands, as well as maintaining stable supplies to two major international chain membership-based retailers. Financial data shows that for the full fiscal year ending March 31, 2025, the company based in Beaudesert, Queensland, Australia, achieved sales of $2.2 billion. According to publicly available information, Kilcoy's commercial roots can be traced back to 1953, witnessing the modernization transformation of the Australian meat processing industry.