Roc Partners announces formation of the Precision Poultry investment fund
Precision Poultry will develop and operate a fully structured agri-fund based on both broiler chicken meat and layer production.
As Luke Trevanion, head of Santrev, and now Chief Executive Officer and partner at Precision Poultry put it “we are proud to offer the market a new alternative with our mantra being ‘Building a farmer-led poultry platform’,” Luke told PoultryDigest when we met at the Santrev stand on May 13, 2026.
“Precision Poultry will be led by a highly capable management team with extensive operational and transactional experience in the Australian poultry sector,” said Brydee Trevanion, Precision’s Operations Manager.
“Luke is the founding director of Santrev, a developer and builder specialising in state of the art free range and commercial poultry facilities for both domestic and international markets and Australia’s largest poultry shed builder for more than 25 years.”
Over the past 20 years, Santrev has built and operated more than 600 poultry sheds across Australia, including numerous greenfield builds for ProTen.
“During this time, Luke has been responsible for sourcing, developing and delivering more new sheds than any other builder in Australia,” Brydee said.
“Luke will be dedicated to the rollout and growth of Precision Poultry leveraging his relationship with the industry to provide Precision Poultry with first right access to new shed builds.”
Precision Poultry’s Chief Financial Officer, and a partner in the enterprise is Michael Loader.
Michael is a seasoned leader with extensive experience across multiple industries with a particular focus on agriculture.
With more than 25 year’s experience in finance and agriculture, Michael has most recently been the CFO of CHS Broadbent Australia for eight years, overseeing the growth of that company to achieve a turnover of more than $1 billion.
“Michael has a wealth of corporate governance experience and has made multiple successful investments across a wide range of agricultural assets including broiler chickens, rearing and egg production,” Luke told Poultry
Digest.
The Operations Manager and third partner is Tony Young, who has been working in the chicken industry for more than 15 years and brings a high level of experience in broiler farming operations in Australia.
Back in 2017 he established a 24 shed poultry farm in Mogumber in WA, which was later sold to a large industry player.
The farm serves as a benchmark for operational performance in the region, consistently exceeding industry averages in terms of performance.
“Tony has a tremendous amount of experience in adopting new innovations for broiler shed construction, including designs that allow for easy conversion between conventional tunnel systems and free range set-ups that ensure the best class of animal welfare and environmental standards,” Luke stated.
Not only do the three major partners have huge amounts of combined experience in all the critical aspects of 21st Century poultry production, they have invested considerable sums of their own capital into Precision Poultry and are strategically positioned in WA, VIC, and QLD to service the whole country directly.
“Put simply, we have skin in the game,” said Luke.
There are immediate projects being either built or acquired that will see a significant expansion of production capacity to meet the currently growing demand for chicken meat, eggs and breeder facilities.
With a still growing population which consumes ever increasing quantities of poultry meat and eggs, recent movements in Australia’s financial sector reinforce the decision to establish another sophisticated poultry-based investment fund was a good one.
A recent Australian Financial Review article covered not only the launch of Precision Poultry but the context of the move as an investment opportunity for the growing need by super funds (both within Australia and internationally) and Private Equity.’
“Just a year after securing a massive exit at ProTen, agriculture private equity specialist Roc Partners is getting back into the chicken business,” the article stated.
“The buyout firm has inked an investment in a new roll-up strategy dubbed Precision Poultry as it takes a crack at establishing a national broiler player.
“Based on the two cornerstone assets and the pipeline, Precision
Poultry is on track to build a portfolio of 200 to 250 sheds over the next 12 months.
This puts it on track to generate between $45 million and $50 million in earnings before interest, taxes,
depreciation and amortisation.
“To get its new platform up and firing, Roc has raised over $200 million in an oversubscribed effort from local investors.
Given the demand, Roc is said to be considering a second round, the AFR article stated.
Roc Partners Investor Director Agriculture and partner Frank Barillo said the recent trend to more protein-rich diets tied to the growing use of drugs like Ozempic also bodes well for an increase in chicken consumption.
“That GLP-1 suite of drugs…is changing dietary requirements, and with chicken being the cheapest form of meat protein, we think that should be a positive. It’s very much our intention to keep expanding.”
Luke Trevanion said Precision Poultry hoped to up its production in eastern states, as well as get into South and Western Australia, and supply a range of processors.
In a recent conversation with Luke prior to the PIX event, Luke told Poultry Digest how important consumer, and by extension investor concern about both animal welfare and sustainability issues, had become.
“Precision Poultry has the well-developed skill sets and equipment supplier capabilities to not only ensure the best possible production efficiencies for all aspects of poultry production,” he said.
“We are also confident that our housing can deliver welfare outcomes beyond existing state mandatory
requirements.
“With increasing government concerns at federal, state and council levels over carbon emissions, we are confident that Santrev’s construction, design, and farm management skills will reassure Precision Poultry’s integrator clients and investors over any welfare and carbon emission concerns.”