The owners of Rockwell Farm have lodged planning permission to extend a cow shed and to construct a new dungstead on the Tipperary farm.

Bovinae Investments Ltd, which was set up in 2025 by investors Michael McElligott and Fintan Flood, purchased the 813ac farm before Christmas.

The Magnier family of Coolmore have come on board as investors in the venture.

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The company is seeking permission from Tipperary County Council to construct an extension to an existing livestock shed to include calf-rearing pens and underground effluent tank and to build a new dungstead with all associated works.

A newspaper notice in a local paper also states that the company is intending to apply for permission for a new silage pit.

“The proposed development is to improve housing facilities for existing livestock in the yard.

“No increase in stock numbers is proposed,” planning documents seen by the Irish Farmers Journal state.

In April, a spokesperson for Bovinae stated that the company had developed multi-million euro investment plans to grow the herd to “upwards of 1,000 cows and to further enhance the farm’s infrastructure and facilities”.

Bovinae Investments did not respond to a request for comment on the matter when queries by the Irish Farmers Journal.

The farm currently has 621 cows, with the aim being to reach 1,000 cows by 2029.

The farm, which is one of the largest in Tipperary, sold for in excess of €25m to Bovinae Investments before Christmas 2025.