Regional Livestock Exchanges (RLX) has entered into a long-term lease of the Camperdown Saleyards, following a public expression of interest process by the Corangamite Shire Council.
From 24 May, the Camperdown Saleyards will operate under new management, and be renamed the Corangamite Regional Livestock Exchange (CRLX).
The first sale under new management will take place on Tuesday, 29 May.
It is expected that the CRLX will undergo a range of improvements in coming years, including transitioning the site to be a soft floor facility, improving onsite water usage and enhancing operational efficiencies.
RLX business transition manager Dan Muller said their main focus is maintaining regular sales, with a focus on expanding the range of services available at the facility.
“Due to the nature and regional locations of the RLX facilities, our operations have a significant impact upon the communities in which we operate,” Mr Muller said.
“RLX is looking forward to engaging with and supporting the region where possible.”
Corangamite Shire councillor and Saleyards Advisory Committee chair Simon Illingworth said the long-term lease was “a vote of confidence” for the saleyards.
“RLE has a proven track record of investing in and improving regional saleyards across Australia,” Mr Illingworth said.
“This long-term deal means stability and security for our farmers and stock agents, who will be able to get on with the job and continue to make it a great place to do business.”
The lease of the saleyard facility is a part of the expansion of the RLX network into Southern and Western Victoria.
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