Page 42 - Food&Drink Magazine November-December 2021

AUSTRALIA’S TOP 100 FOOD & DRINK COMPANIES 2021
SPONSORED BY
ABBREVIATIONS O Overseas 33 ALLIEDPINNACLE
REV UP/DOWN
NL Non-listed
P Publicly listed
1022
Pty Proprietary/private C Co-operative ▼ Sales down
36 TUROSI REV UP/DOWN
▲
▲ Sales up
671
TYPE
REV $M
PERIOD
PREVIOUS REV $M
TYPE
REV $M
PERIOD
PREVIOUS REV $M
O Pty
746
03/21
Pty
689
01/21
PFG TopCo1 Pty Ltd, trading as Allied Pinnacle, is a foreign-owned private company, deriving revenue from flour milling, the manufacture of flour- based premixes and frozen products and distribution of bakery products. As well as ingredients, its brands include The Happy Family Co, Potts Bakery, NY Bagels and The Pastryhouse. The company employs approximately 1420 people, operates in Australia, and its head office is in Rhodes, New South Wales. Its parent company is Japan-based Nisshin Seifun Group Inc.
34 BRIGHTFOODGROUP REV UP/DOWN
▼ 738
Bright Food Group Holdings Pty Ltd is a foreign- owned private company that produces, imports,
markets and distributes food. Its retail brands include Manassen Foods
Australia and Sunbeam Foods. It commercially supplies bulk ingredients such as dried fruit, citrus and juices. The group is
also a food service supplier for cheeses, pasta, oils, vinegar, meats, fish, and
chocolates. Its main food trading entities are Simon Johnson and Calendar Cheese. The
company’s main industrial food
suppliers are Sunbeam Foods and Mildura Fruit Company. The
38
Como Glasshouse Investments Pty Ltd, trading through its subsidiaries under the name Perfection Fresh, is a locally owned private company that derives revenue from the trading, farming, processing and packing of fresh produce. In May, Perfection Fresh acquired Pacific Coast Produce Marketing and its
licence for The Red Tip Ecoganic Banana, as well as the licensing rights to two other banana varieties, the Little Gem and Havana Bananas. CEO
Michael Simonetta said there was huge opportunity to grow the banana category and provide greater choice to
consumers. In July, the company took full ownership of one of Australia’s largest vertically integrated table grape businesses
Fruit Master Australia, after two key partners exited. The company employs approximately 600 people, has operations
throughout Australia and is administered from its head office in Melbourne, Victoria.
Turosi Pty Ltd is a locally owned private company, deriving revenue from the breeding of chickens and the production and hatching of eggs, the growing of broiler chickens; and the processing of poultry, beef and seafood. Its brands are Bannockburn, La Ionica, Golden Farms and Prepared Food Solutions. The company employs approximately 1610 people, operates in Australia, and is administered from its head office in Thomastown, Victoria.
37 NORCOCO-OP REV UP/DOWN
▲ 603
Norco Co-operative Limited is an Australian co-operative that manufactures and distributes dairy products and stock feed, and also operates a network of rural retail businesses. In July, Norco and two partners launched
Eden Brew, an animal-free dairy expected to
be ready for market by the end of 2024. With
Main Sequence, CSIRO’s deep tech venture
fund, and seasoned FMCG specialist Jim Fader,
the product is made using precision fermentation. CEO
Michael Hampson said the co-op’s involvement was
about being at the forefront of innovation and food
science, building scientific expertise and building a secure
and sustainable future for its 292 dairy farmer members. The company employs approximately 740 full-time equivalent staff and is administered from its head office in South Lismore, New South Wales.
TYPE
REV $M
PERIOD
PREVIOUS REV $M
C
684
06/20
TYPE
REV $M
PERIOD
PREVIOUS REV $M
O Pty
726
12/20
company employs 1150 people, operates in Australia and is administered from its head office in Sydney. Bright Food Group Holdings is a subsidiary of Bright Food (Group) Co. Ltd, a Chinese conglomerate that manufactures and distributes consumable products.
PERFECTION FRESH AUSTRALIA
REV UP/DOWN
▲ 568
TYPE
REV $M
PERIOD
PREVIOUS REV $M
Pty
660
06/20
35
MIDFIELD MEAT INTERNATIONAL
REV UP/DOWN
▲
TYPE
Midfield Meat International Pty Ltd is a locally owned private company, deriving revenue from the operation of an abattoir and the wholesaling of meat to domestic and export customers. It is owned by the McKenna family. In June, Midfield was fined $90,000 for a workplace accident that occurred at its Warrnambool abattoir in 2019, 12 days after it had been convicted for a similar incident that happened in 2017. The company employs approximately 670 staff, operates in Australia, and is administered from its head office in Warrnambool, Victoria.
REV $M
PERIOD
42 | Food&Drink business | November-December 2021 | www.foodanddrinkbusiness.com.au
PREVIOUS REV $M
Pty
721
06/20
656
❚