Alliance Group Limited
Transaction Type: Scheme of arrangement
Offeror / Other Party: Dawn Meats Group
Independent Adviser(s): Northington Partners Limited
Date of meeting: 20/10/2025
In August 2025, Alliance Group Limited (Alliance) proposed a scheme of arrangement to effect the acquisition of 100% of Alliance’s shares by Alliance Cooperative Limited (Alliance Co-op and the Scheme).
Following Alliance Co-op’s acquisition, Dawn Meats Group purchased 65% of the shares in Alliance, while Alliance Co-op continued to hold 35% of the shares in Alliance. This facilitated Dawn Meats’ investment of $250 million into Alliance.
On 20 October 2025, Alliance shareholders voted to approve the Scheme. The High Court granted final orders on 17 November 2025, and the Scheme was implemented on 19 November 2025. On 28 November 2025, Dawn Meats’ investment was completed.
Northington Partners Limited prepared the independent adviser’s report on the merits of the transaction.
