Webster Limited acquired Packsaddle property in western New South Wales for AUD 7 million.

Webster Ltd is an Australia-based agribusiness company. The principal activities of the Company include production, processing and marketing of walnuts, cotton, honey and other annual crops and livestock. It operates through two segments: Agriculture and Horticulture. The Agriculture segment products are honey, annual row crops including cotton, wheat and maize as well as livestock. The Horticulture segment pertains to tree crops which include walnuts and almonds. It produces in-shell and kernel walnuts. It operates more than 20,000 irrigable hectares of land holdings across New South Wales (NSW) focusing on cotton, corn and other cereals and livestock. It also owns a portfolio of over 150,000 megaliters of water entitlements, stretching from southern Queensland, through New South Wales to northern Victoria and Tasmania.