Public Sector Pension Investment Board (PSP Investments) has acquired a majority interest in Stahmann Farms Enterprises, an Australian grower, processor and marketer of pecans. No financial terms were disclosed. Based in Toowoomba, Queensland, Stahmann Farms was founded in 1971 as an Australian branch of the Stahmann family pecan farm originally established in New Mexico in 1932. It has been independent since its spin-off in 2006. Stahmann Farms said it will use its partnership with the Canadian pension fund to help increase production capacity and improve processing facilities in New South Wales and Queensland.
Pension Fund Invests in Stahmann Farms Enterprises
PSP Investments buys majority stake in Stahmann Farms Enterprises, Australia’s largest pecan grower.
La Luz, NM — (SBWIRE) — 06/23/2017 — A Canadian pension fund, Public Sector Pension Investment Board (PSP Investments), has purchased a majority stake in Stahmann Farms Enterprises, Australia’s largest pecan grower.
Stahmann Farms Enterprises was established in 1971 as an Australian branch of the Stahmann family pecan farm originally founded in New Mexico by Deane Stahmann Sr. in 1932. It has been independent since its spin-off back in 2006.
PSP Investments saw the rapidly growing demand for pecans, especially in Asia, as a positive indicator of continued growth for the fund. They are using this influx of cash to help increase production capacity and improve pecan nut processing facilities in the New South Wales and Queensland areas.
This investment is yet another indicator of the growing popularity of kosher pecan nuts all over the globe and that investors are taking notice and seeking to profit from this trend. This assures that the Stahmann Farms brand continues to gain recognition as one of the leading pecan growers associated with the production of high quality pecan nuts in the world.
About Stahmanns Pecans
As a leader in this industry, Stahmanns’ utilizes innovative processing and harvesting techniques that ensure the quality of all the bulk pecans they produce. They focus their efforts on two different varieties of nuts. The Western Schley and Bradley varieties they produce are both Kosher-certified pecans. Additionally, the shelling plant in operation is certified as a SQF Level-3 operation. The investment this company makes in their facilities ensures there is no presence of contamination while all the standards outlined by the company are maintained.
Stahmanns can be reached via the online forms present on their website at http://www.StahmannPecan.com
Contact Name: Sally Stahmann
Company Name: Stahmann Pecans
Voice Phone Number: 575-526-2453 ext: 108
Email Address: Pecans@Stahmanns.com
Website URL: http://www.StahmannPecan.com
Photo courtesy of Stahmann Farms Enterprises