Select Harvests

What Select Harvests does

Select Harvests Limited is a publicly listed Australian almond producer and processor (ASX: SHV) operating across the full almond value chain from horticulture and orchard management through processing to sales and marketing. The company is one of the world's largest almond growers, with 9,066 hectares of planted orchards across 15 farms in three Australian states (Victoria, South Australia, and New South Wales), feeding its state-of-the-art Carina West processing facility, which was commissioned in 2008 at a cost of AUD 40 million and has hulling and shelling capacity of 55,000 metric tonnes per annum, climate-controlled warehousing, vacuum packaging with nitrogen flushing, and the proprietary ALMADS stock control and traceability system.

The product portfolio spans in-shell almonds, whole kernels, and a value-added range marketed under the Allinga Farms sub-brand, including blanched, roasted, sliced, slivered, diced, meal/flour, and paste formats. In FY25 the company produced a 24,903 MT crop with 5,952 MT sold into value-added channels, generating an average selling price of AUD 10.18/kg against a production cost of AUD 7.82/kg. Select Harvests sells on a quote-based B2B model to a diversified customer base spanning beverage, bakery, confectionery, cereal, snacking, health food, dairy, re-packer, and wholesale segments, with export distribution into China/Asia, India, the Middle East, and the domestic Australian market, supported by AQIS, SQF, HACCP, HALAL, HALAL GSO, Kosher, and Unilever Sustainable Supplier certifications.

The business model is commodity-cycle exposed but supported by vertical integration, geographic diversification of supply, and a multi-jurisdictional certification footprint. FY25 reported AUD 31.8 million in net profit after tax, AUD 82.4 million in EBITDA, and AUD 118.6 million in operating cash flow, with a 15.1 percent net debt to equity ratio and an explicit growth target of 65,000 tons and AUD 700 million in revenue by 2030, which would require more than doubling current crop volume over five years.

Name

Select Harvests

Legal name

Select Harvests Limited

Website

https://selectharvests.com.au

Company type

Public

Founded year

1983

Operating status

Operating

Headcount range

101–250 employees

Short description

Select Harvests Limited is a vertically integrated Australian almond grower and processor (ASX: SHV) operating 9,066 hectares of orchards and a 55,000 MT processing facility, selling in-shell, whole, and value-added almond products globally to food manufacturers, re-packers, and wholesalers across Asia, India, the Middle East, and Australia.

Ownership category

akta.pro rank

Product category

Almond Products

NAICS

Fruit and Tree Nut Farming (1113), Roasted Nuts and Peanut Butter Manufacturing (311911), Fruit and Vegetable Canning, Pickling, and Drying (31142)

SIC

Canned, Frozen & Preservd Fruit, Veg & Food Specialties (2030), Agricultural Production-Crops (100), Wholesale-Groceries & Related Products (5140)

akta.pro primary industry

Fresh-Cut & Value-Added Produce (Washed, Peeled, Sliced, Packaged) (AFAKAFAA)

akta.pro secondary industries

Fruit & Vegetable Ingredients for Food Manufacturing (Diced, Slices, Fillings, Toppings) (AFAKAFAI), Nuts, Seeds & Dried Fruit Trading/Wholesale (AFAIAKAF), Fresh Cut / Value-Added Produce Wholesale (Pre-Cut, Packaged, Salad Kits) (AFAIACAD)

Keywords

• Almond growing
• Almond processing
• Bulk almond ingredients
• Value-added almonds
• Horticulture production

Headquarters

HQ city

Thomastown

HQ country

Australia

HQ region

Oceania

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Almond Product Sales: Select Harvests generates revenue primarily through the sale of almond products across multiple forms including inshell almonds, whole almonds, and value-added products such as blanched, roasted, sliced, diced, almond meal/flour, and almond paste. The company sells to food manufacturers, beverages, bakery, confectionery, cereals, snacking, health foods, dairy (including ice cream), re-packers, and wholesalers both domestically and internationally.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Select Harvests grows, processes, and sells premium Australian almonds in both bulk (inshell, whole kernel) and value-added forms (blanched, roasted, sliced, slivered, diced, almond meal/flour, almond paste) sourced from company-owned orchards and processed at the Carina West facility. Products are sold globally to food manufacturers, beverage companies, bakeries, confectionery producers, cereal and snack companies, health food businesses, dairy (including ice cream) producers, re-packers, and wholesalers across Australia, China/Asia, India, and the Middle East.

Product overview

Select Harvests is an almond growing and processing company offering a portfolio of products across the supply chain from in-shell to value-added forms. The core offerings include in-shell almonds (natural, blanched, roasted), whole almonds, and a range of value-added products under the Allinga Farms sub-brand including sliced, slivered, diced almonds, almond meal/flour, and almond paste. The company operates company-owned orchards across Victoria, South Australia, and New South Wales, processing at the Carina West facility, and sells globally to food manufacturing, retail, and export channels in markets including China/Asia, India, Middle East, and Australia.

Differentiator

Problem solved

Functional benefit

Brands

• Allinga Farms: Premium Australian Almonds brand. An established and trusted global brand with a reputation of reliable quality. Offers value-added almond products including blanched, roasted, sliced, diced, almond meal, and paste.

Products and services

• In-Shell Almonds Raw in-shell almonds available in natural, blanched, and roasted varieties, sold to both domestic and export markets including China/Asia, India, Middle East, and Australia for downstream cracking and processing by food manufacturers and re-packers.
• Whole Almonds Premium whole almond kernels sold globally to food manufacturing, retail, and export channels, meeting international buyer standards for moisture, size, and quality consistency.
• Sliced Almonds Precision-sliced almonds for bakery, confectionery, cereals, and snacking applications, trusted by global food industry customers.
• Slivered Almonds Fine slivered almonds suitable for bakery, confectionery, and health food applications, part of the Allinga Farms premium value-added range.
• Diced Almonds Diced almond pieces for use in confectionery, bakery, and snacking products, meeting international quality standards.
• Almond Meal/Flour Ground almonds used in baking, particularly for gluten-free applications, and in health food products.
• Almond Paste Premium almond paste for use in confectionery, bakery, and dairy applications including ice cream, part of the Allinga Farms value-added range.

Quantifiable outcome

• 23.6% reduction in greenhouse gas emissions (2020/21 baseline)
• +2 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Australian Almond BoardcoreStrategic or Co-development PartnerSelect Harvests partners with the Australian Almond Board to elevate the profile of Australian almonds globally. The partnership supports industry development, marketing initiatives, and promotion of Australian almonds in international markets.

Scale indicators16 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• McCormick & Company: Global flavor and food ingredients company supplying food manufacturers with ingredient solutions. Comparable for B2B food manufacturer customer base, value-added processing, and global distribution of food ingredients.
• Sun-Maid Growers of California: US grower-owned cooperative producing dried fruits and snacking products. Comparable as a branded agricultural cooperative with international distribution and value-added processing capabilities.
• Bega Group: Australian diversified food and agribusiness company operating across dairy, spreads, and ingredient processing. Broad incumbent with overlapping Australian food industry positioning and shared export market focus.
• Cargill: Global agricultural commodities trader and food ingredients supplier with significant tree nut operations. Comparable for global origination, processing, and B2B food manufacturer supply across multiple commodities.

Direct peers

• Olam Food Ingredients (ofi): Global supplier of tree nuts (including almonds), cocoa, coffee, and spices with vertically integrated sourcing and processing operations. Direct comparable for almond processing, global food manufacturer customer base, and multi-origin supply chain model.
• Wonderful Pistachios & Almonds: Vertically integrated US grower and processor of almonds and pistachios under the Wonderful brand. Directly comparable as a large-scale tree nut grower-processor with branded consumer products and global B2B sales channels.
• Almondco Australia: Australian almond processor and marketer based in Renmark, South Australia, owned by grower-shareholders. Direct domestic competitor in Australian almond processing, value-added products, and export markets including India and Asia.
• Blue Diamond Growers: World's largest almond cooperative, representing roughly 3,000 California almond growers. Direct comparable as a vertically integrated almond grower and processor with branded retail products (Blue Diamond) and value-added forms targeting global food manufacturers and consumer markets.
• John B. Sanfilippo & Son: US-based processor and marketer of tree nuts and snack products under brands including Fisher Nuts and Orchard Valley Harvest. Comparable for value-added nut processing, food manufacturer customer base, and branded consumer nut products.

Emerging players

• Hain Celestial Group: US-based natural and organic food company with significant presence in plant-based nutrition, snacking, and ingredient products. Comparable overlap in the health food and almond-based snacking categories that Select Harvests supplies.

Market position

Strengths5 records

Weaknesses2 records

Competitive moat5 records

Key risks2 records

Key highlights7 records

Customer concentration

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Select Harvests