Page 7 - Food & Drink Business Nov-Dec 2019

733m Mars Bars find new home
NEWS
MARS Wrigley Australia has announced a seven-year partnership with Toll Group and Charter Hall to construct and manage a state-of-the-art warehouse in west Melbourne.
The company’s current warehouse services more than 56 truckloads a day, with the new warehouse set to help streamline that process.
The deal will see all of Mars Wrigley’s products stored under the one roof. It will have the capacity to house
up to 49,000 pallets at any given time – or enough room for 733,824,000 Mars Bars.
Other Mars Wrigley’s brands are M&Ms, Snickers, Skittles
and Extra chewing gum.
Supply chain director Marius
Vermeulen said: “It’s an exciting project for our business and one that’s been several years
in the making. This will be
one of the most advanced warehouses in Australia.”
The temperature-controlled warehouse will have automated guide vehicles (AGVs) helping workers move pallets around. It is expected to come online in late 2020.
Charter Hall head of industrial development Andrew Simons, said: “We are delighted to continue to build on our long-standing national relationship with Toll.” ✷
Synlait buys Dairyworks in $100m+ deal
(L to R): Andrew Simons, Charter Hall; Peter Stokes, Toll Group; Andrew Leakey, general manager Mars Wrigley; and Marius Vermeulen, supply chain director Mars Wrigley.
SYNLAIT will acquire Dairyworks for NZ$112m (approximately AU$104m), a move it says will bolster its Everyday Dairy strategy.
Dairyworks supplies almost half of New Zealand’s cheese and a quarter of its butter, as well as milk powder and its Deep South ice cream.
According to Leon Clement, CEO of Synlait, the acquisition represents a great opportunity for Synlait, and complements its recent purchase of cheesemaker Talbot Forest.
Clement said: “This business is a great strategic fit for us and an important step in growing our presence in the Everyday Dairy category.”
“Dairyworks is a nimble and innovativecompany.Itwillfit
well with Synlait and provides us with an opportunity to keep optimising our value chain while giving access into Australia where Dairyworks presence is growing.”
Dairyworks will continue to operate as an independent company under the Synlait umbrella with its CEO, Tim Carter, reporting to Clement.
“Opportunities exist in both businesses to streamline supply chains and enhance our competitiveness. It gives us the ability to optimise how we process milk solids and get the most value from our supply of milk. We’re excited by this opportunity as we work to capture more value in the dairy market in New Zealand and globally,”saidClement. ✷
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