NEW YORK — Kilcoy Global Foods (KGF), an Australian meat company, recently filed an initial public offering (IPO) looking to gain more access to the US market while expanding its business in North America and Asia.
In its filing with the US Securities and Exchange Commission (SEC), KGF explained the IPO would help the company with “potential strategic investments and acquisitions, expanding our production capacities and capabilities, and accelerating our digital transformation and automation.”
In its overview, KGF stated its operations are mainly in Australia, but it also owns facilities in the United States and China with products shipped to more than 40 countries.
The company applied to list on the NASDAQ under the stock symbol KGF.
According to its website, KGF North America’s US processing plant is located in Mundelein, Ill.
The Ruprecht Co. in Illinois was acquired in 2014 by the New Hope Investment Fund and China-based private equity firm Hosen Capital, which backs KGF.
The company also recently acquired a Tyson Foods Australia operation in the town of Coominya in October 2024.
Information from the SEC filing said KGF recorded $2.19 billion in revenue for the year ending on Dec. 31, 2024, which was a 17.3% increase from the previous year. Net income during the time period was $60.4 million.
The company also posted in its filing that it received $514.2 million in revenue during the first three months of 2025, with a net income of $6.8 million.
Existing brands sold through Kilcoy include Kilcoy Diamond, Ebony Black Angus, Carrara Wagyu, Jade Pure Wagyu, Kilcoy Nutrition, Hardwicks Lamb & Beef, Ruprecht and TruVide.