After the sale of its interests in Bell Group and Bell Resources in 1988, Heytesbury became a private investment vehicle, acquiring Stoll Moss Theatres and Sherwin Pastoral Co, and investing in companies such as Jaguar Cars, Christie's, Standard Chartered Bank and U.S. Steel.
[2] Over the next decade a number of assets were sold to reduce the company's heavy debts, including the Stoll Moss Group, a number of cattle stations in Northern Australia, and the John Holland Group (which had been purchased after Robert's death).
In 2000, the eldest son, Peter Holmes à Court, elected to sell his one-sixth share of Heytesbury to pursue his own interests.
This set Peter up in direct competition with the family, since the primary business of both Heytesbury and AACo was cattle.
Heytesbury now owns a number of large cattle stations in Northern Australia (including Mount Sanford Station and the famous Victoria River Downs), Vasse Felix (Margaret River's first winery) and the thoroughbred stud Heytesbury Stud near Perth, Western Australia.