SPC takes majority stake in AU food manufacturer The Kuisine Company

Iconic Australian agribusiness SPC has made a strategic investment
into The Kuisine Company by taking a majority equity stake in this leading
Australian manufacturer of frozen ready meals and finger foods. The company is
based in Emu Plains, NSW and employs over 100 staff members.

Over the last twenty years, Kuisine has grown
to be one of Australia’s leading producers of high-quality prepared meals and
finger foods with a range of clients including major supermarket chains, health
services, Meals on Wheels and other food service clients. The acquisition also
includes Kuisine’s wholly owned brands, The Good Meal Co, The Gluten Free Meal
Co, and Simply Special. Jitesh Gohil will continue as General Manager and a Director
of the Kuisine business.

SPC CEO, Robert Giles, said: “By acquiring
Kuisine we are continuing to grow our health and aged care sector offering
which already has a strong base through our existing ProVital
We were impressed with Kuisine’s success and see a great opportunity to rapidly
expand both businesses.

scale and scope of Kuisine’s capabilities means that we can expand our offering
to include frozen foods, finger foods and ready-made meals. It’s an exciting
time for both businesses.  This announcement is in line with our strategy
to become a global agribusiness which we are continuing following our
acquisition of Pomlife earlier this year and joint venture with Döhler.

will be manufacturers and innovators who will help drive Australia’s post-COVID
economic recovery. We must all take the opportunity to support those businesses
so they can become leading brands that service not only the Australian
population but the world,” Mr Giles said. 

Gohil, Director of Kuisine Co said: “We are proud to have built such a
high-quality  family-owned business that supplies customers throughout
Australia. SPC is an ideal partner to drive the business forward into the next
level of growth stage to deliver high-quality food to people in Australia and
the rest of the world. We are looking forward to supporting SPC through this

Post Views:

Source link