# Webster Limited

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{{Short description|Australian business}}
{{Use dmy dates|date=February 2021}}
{{Infobox company
| name     = Webster Limited
| logo     = Webster_Limited_logo.png
| logo_size = 250px
| type              =  [Privately held company](/source/Privately_held_company)  
| industry         = Food and Beverage Manufacturing
| foundation       = 1831<ref>{{cite web|title=Webster Limited - a potted history|url=http://www.websterltd.com.au/corporate/history|accessdate=8 June 2015}}</ref>
| founder          = Alexander Webster<ref>{{cite web|title=Webster – the family behind a growing success story|url=http://business.nab.com.au/webster-the-family-behind-a-growing-success-story-2858|accessdate=8 June 2015}}</ref>
| location         =  [Tasmania](/source/Tasmania) and [Riverina](/source/Riverina), Australia
| key_people       = Roderick Roberts, <small>''Chairman''</small><ref>{{cite web|title=WEBSTER LIMITED details|url=http://www.websterltd.com.au/corporate/contacts|accessdate=8 June 2015}}</ref>
John Hosken<small>''CEO''</small><ref>{{cite web|title=Contacts page (Webster Limited website)|url=http://www.websterltd.com.au/corporate/contacts|accessdate=8 June 2015}}</ref>
| products         = Walnuts, Cotton, and Livestock<ref name="ar2017">{{cite web |title=Annual Report 2017 |url=https://static1.squarespace.com/static/5770b8d4b8a79bc1087f2cfc/t/5a0e600dec212d62c91ee242/1510891602830/Webster_AR_LR-links.pdf |access-date=16 March 2018 |archive-date=3 October 2019 |archive-url=https://web.archive.org/web/20191003170104/https://static1.squarespace.com/static/5770b8d4b8a79bc1087f2cfc/t/5a0e600dec212d62c91ee242/1510891602830/Webster_AR_LR-links.pdf |url-status=dead }}</ref>
| revenue = {{profit}} {{A$}} 275 million (2017)<ref name="ar2017" />
| homepage         = [http://www.websterltd.com.au/ www.websterltd.com.au]
}}
'''Webster Limited''' is an Australian business founded in 1831 by Alexander Webster, just 28 years after [Van Diemen's Land](/source/Van_Diemen's_Land) was settled. Founded as a traditional pastoral house, '''Webster Limited''' is now a diversified food and [agribusiness](/source/agribusiness). '''Webster Limited''' acquired the [Riverina](/source/Riverina) walnut assets from [Gunns Limited](/source/Gunns) in 2010. It is now [Australia](/source/Australia) and the southern hemisphere's largest walnut grower through its ownership and/or management of more than 2,200ha of orchards in [Tasmania](/source/Tasmania) and the [Riverina](/source/Riverina).<ref>{{cite web|title=Refocussed and Revitalised: Australia's Largest Onion and Walnut Producer is Poised for Growth|url=http://www.businessinfocus.com.au/index.php/2011/10/webster-limited/|accessdate=8 June 2015}}</ref>
Webster has since diversified into cotton and livestock<ref>{{cite web|title=Webster to double irrigation area of Kooba properties in Riverina|url=https://www.weeklytimesnow.com.au/agribusiness/horticulture/webster-to-double-irrigation-area-of-kooba-properties-in-riverina/news-story/39df53d8b21644ea5901363be21a3d76
|accessdate=30 March 2018}}</ref> following their {{A$}} 116 million purchases of the 40,000-hectare prime [Riverina](/source/Riverina) cropping aggregation, "Kooba," in 2010.<ref>{{cite web|title=Webster snatches up 'Kooba'| date=3 December 2014| url=http://www.farmonline.com.au/story/3373561/webster-snatches-up-kooba/| accessdate=30 March 2018}}</ref>

== Acquisition and delisting from ASX ==
The Canadian [Public Sector Pension Investment Board](/source/Public_Sector_Pension_Investment_Board) (PSP Investments) has acquired all capital in Webster.<ref>{{cite web|url=https://www.investpsp.com/en/ |access-date=2023-11-01| title=Public Sector Pension Board}}</ref> PSP Investments has added Webster Limited assets to its stable Australian agricultural investments,<ref>{{cite web|title=Canadian pension fund swoops on Webster in $854m bid| url=https://www.afr.com/companies/agriculture/canadian-pension-fund-swoops-on-webster-s-in-854m-bid-20191003-p52x82 | publisher=[The Australian Financial Review](/source/The_Australian_Financial_Review) | date= 3 October 2019  | accessdate=20 September 2020}}</ref> including investments in the major Queensland-based nut producer Stahmann Farms Enterprises (SFE).<ref>{{cite web|title=Canada's PSP fund buys majority stake in Stahmann nutb usiness| url=https://www.farmonline.com.au/story/4648526/canadian-fund-buys-big-stake-in-stahmann-farms/| publisher=Fairfax Media | date=9 May 2017| accessdate=20 September 2020}}</ref>

On 21 February 2020, PSP delisted Webster from the [Australian Securities Exchange](/source/Australian_Securities_Exchange).<ref>{{cite web|url=http://www.asx.com.au/asxpdf/20200221/pdf/44fb3nms865x20.pdf |access-date=2023-11-01 | title=Market Announcement |date=2020-02-21}}</ref>

==See also==
{{portal|Australia|Companies}}
*[List of oldest companies in Australia](/source/List_of_oldest_companies_in_Australia)

==References==
{{reflist}}

==External links==
* [http://www.websterltd.com.au/ Webster Limited homepage]

Category:Companies formerly listed on the Australian Securities Exchange
Category:Agriculture companies of Australia
Category:Companies established in 1831
Category:Companies based in Tasmania
Category:Australian companies established in 1831

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Adapted from the Wikipedia article [Webster Limited](https://en.wikipedia.org/wiki/Webster_Limited) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Webster_Limited?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.
