Riordan Group has announced the acquisition of XLD Commodities, a major investment in Tasmania’s growing grain industry, effective 31 October 2025.
XLD Commodities CEO, John Tuskin, said the decision to sell was made with confidence in the future of the business.
“We’re proud of what we’ve built and the strong relationships with growers and customers,” he said.
“This next chapter brings new opportunities for Tasmania’s grain industry and improved services across the supply chain.”
Founded in 2009, XLD has served Tasmania’s agricultural sector, providing contracting, storage and transport services to growers and end users.
The company has worked closely with Riordan for years, leveraging its mainland grain network to deliver efficient access to markets across southeast Australia.
Family-owned and operated, Riordan Group brings more than 30 years of experience in grain handling, logistics and bulk transport. Managing Director Jim Riordan said the acquisition strengthens the company’s commitment to regional development.
“This is an exciting step for us,” he said.
“We’ve supported XLD for 15 years and seen firsthand the strength of Tasmania’s grain industry. We’re looking forward to building on that foundation and continuing to support local growers.”
All XLD operational staff will transition to Riordan Group.
Existing contracts will be honoured under Grain Trade Australia provisions, with new grain purchase and sales agreements to be issued under Riordan Group from November onward.
In other news, ARTSA Institute will host its Critical Issues Conference on 12 November in Melbourne.
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