Media Announcement: Sale of Delta Agribusiness
3 November 2025
Odyssey Private Equity is pleased to announce that the sale of Delta Agribusiness to Elders Limited has completed.
Over the past six years, Delta has transformed from an NSW-centric business with 28 locations to a national, diversified business group operating from 68 locations. Underpinning the growth trajectory was a combination of strategic acquisitions and the opening of greenfield locations.
“Odyssey provided us with support and guidance around all the key strategic and operational decisions. Our partnership with Odyssey accelerated our growth plans” shared Gerard Hines, co-founder and Managing Director of Delta.
George Penklis, Managing Partner of Odyssey Private Equity commented “Delta’s senior leadership has deep sector expertise, strong operational capability, and a clear strategic vision. From the outset, we recognised their ambition to build a leading national player. The business was a platform with multiple growth options – regions, products, greenfield sites, new services, and acquisitions”
“National expansion was a core part of the original investment strategy – not only to drive growth, but to manage climate risk and create diversification across differing rainfall zones. Through becoming national, the geographic breadth has made Delta a resilient and high-quality business” added Gareth Banks, Partner at Odyssey Private Equity
Announcement from Elders Limited: ASX:ELD – Elders completes acquisition of Delta
