Page 7 - Food&Drink March 2022

Fënn Foods raise, new CEO
AUSTRALIAN plant-based foods company Fënn Foods has appointed Tony Rowlinson as its new CEO.
The appointment comes after a successful $3 million capital raise earlier this month, with leading fund manager Bombora Group one of the investors.
Fënn Foods was founded in 2015 by Alejandro Cancino and Paola Moro.
Tony Rowlinson has extensive FMCG experience, most recently as CEO and managing director of ASX listed juice and functional beverage company The Food Revolution Group.
Rowlinson said, “The plant-based foods market in Australia is in its infancy and, based on global trends, it will be a billion-dollar market in the very near future.
Fënn Foods chair Nicholas Simms said Rowlinson was a
The new Fënn Foods team: Founders Alejandro Cancino and Paola Moro, new CEO Tony Rowlinson, and chair Nicholas Simms.
NEWS
dynamic leader with a reputation for creating “strong company cultures and building effective teams”.
“Tony has contributed to the success of ready meals in the region and his expertise will drive our expansion into new
categories in Australia and beyond,” Simms said.
Bombora Investment Management MD and chief investment officer Mike Hill said, “The plant-based food market is growing rapidly both in Australia and globally and
we see Fënn Foods as having a unique point of difference in this burgeoning market.”
Last year, Fënn Foods was named on the 2021 Australian Financial Review’s Fast 100 list, with its products now stocked in majorretailers. ✷
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