Duxton Nuts

Duxton Nuts

Duxton Nuts Pty Ltd (“Duxton Nuts”) is a vertically integrated walnut business located in the Murrumbidgee Irrigation Area within the Riverina region of New South Wales. The business is strategically positioned in one of Australia’s premier horticultural regions, benefiting from fertile soils, a Mediterranean climate, and access to reliable, high-quality irrigation water — all critical factors underpinning long-term orchard productivity and crop quality.

The Riverina has established itself as a key agricultural region due to its favourable growing conditions, extensive irrigation infrastructure, and proximity to domestic and export supply chains. These attributes support consistent yields and enable the production of premium-quality walnuts suited to both domestic consumption and export markets.
Duxton Nuts has secured a long-term offtake agreement with a leading privately held Australian manufacturing, packaging, storage, and distribution business. The arrangement provides a secure pathway to market and supports earnings visibility through long-term pricing certainty and established distribution capabilities.

Fundamental Drivers of Value

Structural Growth in Global Demand

Global walnut consumption has grown at an average annual rate of approximately 6.8% since 2001, supported by increasing consumer demand for healthy and nutritious food products.

Counter-Seasonal Supply Advantage

Australian walnut producers are well-positioned to supply global markets during periods of lower northern hemisphere production, supporting export demand and pricing opportunities.

High-Quality Agricultural Region

The Murrumbidgee Irrigation Area provides ideal growing conditions for walnuts, underpinned by fertile soils, a Mediterranean climate, and reliable access to high-quality irrigation water.

Attractive Real Asset Exposure

Walnut orchards are long-duration real assets that benefit from biological growth, productive farmland exposure, and the scarcity value associated with established irrigated horticultural assets.