Australian Agricultural Projects Limited
ASX Code
AAP
Sector
Food- Beverage & Tobacco
Investor Centre
https://voopl.com.au/aap-shareholders/
Website
https://voopl.com.au/
About
Australian Agricultural Projects Limited (AAP) is a Victorian based business that manages a large state-of-the-art olive growing operation in the Boort region. The Company commenced in 2004 with the establishment of several olive oil brands and then, with the acquisition of Victorian Olive Oil Project Limited (VOOPL) in 2007, has developed into a low cost, high quality producer of extra virgin olive oils. The orchard business was founded with the view to develop and manage quality olive projects at a time when there was significant expansion in Australian plantings. VOOPL brought together the availability of quality land and water with the application of modern Australian broad acre horticultural practices to an industry which, in Europe, has been bound by traditional and inefficient production methods. The marketing of the oil evolved through the building of several brands, including the widely distributed Redisland brand, the sale of the marketing business in 2012 and the establishment of a Olive Oil Supply Agreement with Boundary Bend Limited which links the value of the oil to a farm gate price derived from retail prices. The Company currently services three projects:
- Victorian Olive Oil Project 285 ha planted 2002
- Victorian Olive Oil Project II 118 ha planted 2003
- Peppercorn Estate Limited 108 ha planted 2006