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KKR to acquire Australian chicken grower ProTen from Aware Super
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KKR to acquire Australian chicken grower ProTen from Aware Super
Jul 1, 2025 8:10 PM

July 2 (Reuters) - Private equity group KKR will

acquire ProTen, one of Australia's largest broiler chicken

growers, from pension fund Aware Super, the parties said in a

joint statement on Wednesday without disclosing financial

details.

ProTen was established in 2001 and currently manages more

than 700 poultry sheds across more than 60 farms. The company

has been owned by Aware Super since 2018.

"KKR has been actively monitoring the agricultural

infrastructure space as a high-conviction thematic," Andrew

Jennings, managing director and head of Australia & New Zealand

infrastructure at KKR, said in a statement.

KKR will make the investment in ProTen from its Asia Pacific

Infrastructure Investors II Fund, which has grown its assets

under management to about $13 billion since it was established

in 2019.

The deal is expected to close later this year, subject to

regulatory approvals.

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