Processing timeline
17
days
Filed
30 June 2026
Acquirer(s)
IFM FIDUCIARY PTY LTD as trustee for the SSCF SOA8 Holding Trust ABN - 52 135 450 618
Target(s) or Vendor(s)
TESSWATT INVESTMENTS PTY LTD as trustee for the Tesswatt Investment Trust ACN - 630 498 823, SALADS OF AUSTRALIA PTY LIMITED (Receivers & Managers Appointed) (Administrators Appointed) ABN - 95 631 463 664
Other parties
PM FRESH PTY LTD ABN - 80 122 180 929
IFM Fiduciary Pty Ltd, a subsidiary of global institutional investor IFM Holdings Pty Ltd, proposes to acquire 75% of the issued share capital in Salads of Australia Pty Limited (Receivers & Managers Appointed) from Tesswatt Investments Pty Ltd. Salads of Australia, through PM Fresh Pty Ltd, is an Australian fresh salad manufacturer. This is a share acquisition.
IFM Fiduciary Pty Ltd ( IFM Fiduciary ) as trustee of the SSCF SOA8 Holding Trust, a wholly owned subsidiary of IFM Holdings Pty Ltd ( IFM Holdings ), proposes to acquire 75% of the issued share capital in Salads of Australia Pty Limited (Receivers & Managers Appointed) (Administrators Appointed) ( SOA ) from Tesswatt Investments Pty Ltd in its capacity as trustee of the Tesswatt Investment Trust by way of Share Purchase Deed (the Acquisition ). IFM Holdings, through its subsidiaries, is a global institutional investor and asset manager across infrastructure, debt investments, listed equities and private equity. It is owned by a collective of 15 Australian industry super funds and one UK pension fund and operates independently of its owners. SOA, through its wholly owned subsidiaries, is the holding company of PM Fresh Pty Ltd ( PM Fresh ) and certain other subsidiaries, an Australian fresh salad manufacturer, operating a national network of production facilities with processing capabilities. The company specialises in wet (deli) salads, salad kits, salad bowls, salad leaf, value-added vegetables, and fresh snacking solutions.