Australia's largest bull and semen facility is being established near Camperdown after Genetics Australia's acquisition of Total Livestock Genetics.
GA is in the process of relocating its bulls and semen units to TLG's Gnotuk and Glenormiston farms.
Following the acquisition earlier this year, GA has taken over the TLG trading name and is transferring its bull management, semen management and semen collection and production services to the TLG site near Camperdown.
Equine and live cattle export services will remain with the current owners.
GA chief executive Anthony Shelly said the relocation was on target to be completed by the end of March.
"We have 100 bulls to transition from Bacchus Marsh to the two properties at Gnotuk and Glenormiston," he said.
"We've moved 40 and plan to have the balance relocated before the end of March."
About 20 per cent of the semen units have been moved and this process is also on track to be completed in late March.
TLG had been storing 1.5 million units and GA, one million; the new combined 2.5 million units will be the largest semen storage facility in Australia.
About $300,000 is being spent on upgrades to the semen storage area, semen processing laboratory and additional bull housing.
The new expanded GA will collect about 1.4 million semen units annually.
GA's 100 bulls are joining 90 managed by TLG but the total number is expected to grow to close to 230 by May this year.
"There is increasing demand from people wanting to place bulls with us to capitalise on the prosperity in the industry," Mr Shelly said.
"This reflects the continued demand for Australian genetics, whether it be for dairy or beef."
Genetics Australia also expects to employ about five new staff, particularly in bull and animal health management and general farm workers.
Mr Shelly said the $5.8 million purchase of TLG was a perfect platform for sustainability and growth while creating efficiencies.
The move will see Genetics Australia sell its Parwan Park farm and office complex at Bacchus Marsh but will maintain an office in the area.
Mr Shelly said urban sprawl and changing rural landscapes meant GA needed to relocate to be closer to the heart of the dairy, beef and sheep industries.
"We are leaving a legacy of 60 years at Bacchus Marsh but with strong demand for land in the region we expect to see the start of an exciting new legacy and chapter for this property," he said.
"The area effectively outgrew us and we were landlocked by the urban sprawl and surrounding small property holders, but it's a unique property with great land and extensive infrastructure."
He did not expect the site to remain as a livestock facility.
"Demand for land in the region probably means it's too valuable for running livestock but there has already been strong interest from a variety of industries including vegetable and horticultural producers and other potential users," he said.
Parwan Park is currently zoned farming and features huge shedding and storage facilities with a range of undercover and outdoor animal housing options, and a large air-conditioned office and administration complex including a meeting room which can cater for up to 100 people.
This sale follows the sale of GA's Parwan Park South in 2017, however the co-operative will retain a presence in the Bacchus Marsh region with a new two-year office lease at Parwan Park South.
Expressions of interest close March 19.