Page 59 - Food&Drink magazine November-December 2022

DATA SOURCED FROM
ABBREVIATIONS
O Overseas
NL Non-listed
P Publicly listed
Pty Proprietary/private C Co-operative
▼ Sales down ▲ Sales up
PERIOD PREVIOUS REV $M
06/22 242
75
NOLAN MEATS
REV UP/DOWN TYPE REV $M
Pty 242
VESCO FOODS
REV UP/DOWN TYPE
▲ Pty
Nolan Meats Pty Ltd is a locally owned private company, deriving revenue from meat processing and feedlot operations. Its processing plant is export accredited and can process more than 2500 cattle a week. Export markets include the Middle East, South-East Asia, and US. The company operates in Queensland, and is administered from its head office in Gympie, Queensland.
74
REV $M
246
PERIOD
06/22
PREVIOUS REV $M
230
Heat to Eat Holdings Pty Ltd, trading as Vesco Foods, is a locally owned private company, which specialises in frozen ready meals. Its brands are: On the Menu, Super Nature, Lean Cuisine, Annabel Karmel and Jarraballi. In September, the company was acquired by private equity firm PAG for an undisclosed sum. The company operates through its Vesco and Prepared Food Australia divisions and is headquartered in Osborne Park, Western Australia. Heat to Eat Holdings’ ultimate parent is the Australia-based private equity firm, Catalyst Investment Managers Pty Ltd.
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www.foodanddrinkbusiness.com.au | November-December 2022 | Food&Drink business | 59
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