Welcome to Graziers'

Graziers’ Investment Company Limited (GIC) was previously known as Australian Wool Services Limited (AWS).

At the Annual General Meeting of shareholders of AWS held on 30 November 2007, shareholders approved a change of the corporation’s name to Graziers’ Investment Company Limited.

AWS was established in 2001 as a successor to the Australian Wool Research and Promotion Organisation (AWRAP), which in turn was the principal member of the International Wool Secretariat (IWS). AWS originally comprised two subsidiaries - The Woolmark Company Pty Ltd and Australian Wool Innovation Limited (AWI). AWI was subsequently de-merged from AWS in 2002.

The Woolmark Company was sold to AWI in 2007. For more details on this sale see the Explanatory Statement (PDF) accompanying the meeting of shareholders approving this sale. GIC’s principal assets are cash, ownership of its manufacturing company Andar Holdings Limited and a property in India.

A major role of GIC is to meet obligations agreed with Trustees of the IWS Pension Fund.