Page 34 - Food & Drink Magazine Nov-Dec 2018

AUSTRALIA’S TOP 100 FOOD & DRINK COMPANIES 2018
SPONSORED BY
ABBREVIATIONS O Overseas NL Non-listed P Publicly listed Pty Proprietary/private C Co-operative ▼ Revenue down ▲ Revenue up
INGHAM’S
Consolidation continues at Ingham’s
7
REV UP/DOWN
TYPE
REV $M
PERIOD
PREVIOUS REV $M
AT THE HELM
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OP
2397
06/18
2438
Quinton Hildebrand
POULTRY producer and processor Ingham’s, which held steady at number seven, began an expansion program last year that began in Western Australia, with a plan to double production over three years. This year the company announced the phase-out of its
value-added poultry processing facility in Queensland, with operations to be consolidated into other value-added plants in NSW, Victoria and SA.
The move will see Ingham’s ‘further processing’ network reduced from four facilities to
three, in line with its acceleration program.
“This initiative will lead to increased employment across the three plants with increased volumes, especially at Edinburgh Parks in South Australia,” the company said.
The consolidation is planned
to be progressively rolled out into next year, with the benefits to be realised in 2020.
8
9
NESTLÉ
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PREVIOUS REV $M
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OP
2221
12/17
2227
Trevor Clayton
Nestlé thinks big
THE Switzerland-based food and beverage manufacturer Nestlé Australia rose two places this year despite slightly lower earnings. The company’s brands include Uncle Toby’s, Nespresso, Nescafe, Maggi, Allen’s and Purina.
Over the year the company sold its
Violet Crumble brand and processing equipment to SA Confectioner Robern Menz, and launched the world’s first ‘’Energy Exchange Café” where consumers trade steps for oat-based meals and snacks.
Nestlé also implemented labelling to help consumers recycle correctly,
which appeared on its Allen’s lollies in Australia and New Zealand.
In other news this year the company made changes to its licence and acquisition agreement deal with food manufacturer Simplot Australia after Simplot announced it was leaving the frozen meals category.
GEORGE WESTON FOODS
GWF snags dips company
REV UP/DOWN
TYPE
REV $M
PERIOD
PREVIOUS REV $M
AT THE HELM
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O Pty
2218
08/17
2282
Stuart Grainger
GEORGE Weston Food, which held its place at number nine, generates its revenue from milling, manufacturing, processing and distributing food products such as bread and smallgoods and its brands include Tip Top, Abbotts Village Bakery, Burgen, Golden,
Don, KR Castlemaine and Watsonia.
This year George Weston Foods made its first acquisition in a decade, snapping up chilled dips and snacks maker Yumi’s Quality Foods, which was founded by two brothers in the 1990s.
Yumi’s makes non-dairy and gluten free dips, snacks, bites and smoked fish.
34 | Food&Drink business | November-December 2018 | www.foodanddrinkbusiness.com.au
GWF is a wholly owned subsidiary of UK-based investment firm Wittington Investments, which owns 54.5 per cent of Associated British Foods (ABF).