Australian meat product supplier Kilcoy (KGF.US) goes public in the US and plans to raise 100 million US dollars

The Zhitong Finance App learned that Australian meat product supplier Kilcoy Global Foods (KGF.US) submitted an application to the US Securities and Exchange Commission (SEC) on Monday and plans to raise up to 100 million US dollars through an initial public offering (IPO). The 72-year-old company plans to enter the NASDAQ capital market. Citigroup and Morgan Stanley have been selected as joint lead underwriters, but the specific issuance price range has not been disclosed. Preparation for this IPO began as early as January 10, 2025. On the same day, the company secretly submitted a listing application to the regulatory authorities.

As an important participant in the global multi-protein supply chain, Kilcoy has built a strategic operation network spanning Australia, the United States and China. Its product matrix covers all kinds of meat and protein products, and the service network covers more than 40 countries and regions around the world. Its customers include second-level channel providers engaged in primary processing, as well as special processing channel providers for ready-to-eat/heated ready-to-eat products, and also provides raw material support to enterprises in primary processing fields such as rawhide and beef tallow.

It is worth noting that the company is deeply embedded in the global food supply chain system. It is not only the main protein supplier for many multinational fast food giants, but also an important partner for high-end casual burger chain brands, and continues to provide stable supply to the two major international membership retail chains.

According to financial data, the company, headquartered in Bertinia, Queensland, Australia, achieved sales of US$2.2 billion in the full fiscal year ending March 31, 2025. According to public information, Kilcoy's commercial roots can be traced back to 1953, and its development process has witnessed the modernization of the Australian meat processing industry.