Page 34 - Food&Drink Nov-Dec 2020

AUSTRALIA’S TOP 100 FOOD & DRINK COMPANIES 2020
SPONSORED BY
ABBREVIATIONS O Overseas NL Non-listed P Publicly listed Pty Proprietary/private C Co-operative
SAPUTO DAIRY AUSTRALIA
Saputo set on acquisition strategy
▼ Revenue down ▲ Revenue up
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SAPUTO Dairy Australia rocketed into the top 10 last year following its $1 billion takeover of Murray Goulburn and Warrnambool Cheese & Butter (WCB), making the company the largest dairy processor in Australia, and has moved up two places to number seven this year. Through its Dairy Division (Australia), Saputo produces, markets and distributes in Australia and internationally a variety of cheeses, butter and butter blends, milk and cream. It also produces, markets and distributes dairy ingredients,
including milk powder, whey protein concentrates and lactoferrin.
Brands include Cracker Barrel, Devondale, Great Ocean Road, King Island Dairy, Liddells, Mersey Valley, Mil Lel, South Cape, Sungold, Tasmanian Heritage and Warrnambool Heritage Cheddars.
In October, Saputo proposed to acquire Lion Dairy & Drinks, after its sale to China Mengniu Dairy Company fell through. The portfolio includes 10 processing plants and retail brands Dairy
Farmers, Pura, Dare, Farmers Union, Yoplait, Daily Juice, The Juice Brothers and Berri. Saputo bought Dairy & Drinks speciality cheese business in April 2019
for $280 million. The Australian Competition and Consumer Commission is set to hand down its decision on 23 December.
The company employs around 2770 people, operates in Australia, Japan and China, and is administered from
its head office in Allansford, Victoria. It is ultimately owned by Saputo Inc., a Canada-based dairy producer.
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INGHAM’S
O Pty
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Lino Saputo
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Jim Leighton
Ingham’s investments pay productivity gains
POULTRY producer and processor Ingham’s fell one spot this year after holding steady at number seven for three years. Inghams Group Limited, trading as Ingham’s, is a locally owned public company, deriving revenue from the production and sale of chicken and turkey products. It employs approximately 6800 people and operates in Australia and New Zealand.
Ingham’s chair Peter Bush said the company was still feeling the effects of three years of drought and subsequent record-high feed
prices, with feed input costs rising over the previous six years by tens of millions of dollars. Despite
this, total retail chicken volume
is growing above the historical three-year run rate, chicken is still the most affordable protein, and with the current wheat crop expected to be the best in 25 years, Ingham’s is hopeful feed prices will reduce in time.
The company commissioned new leg auto de-boning equipment at two plants, which was expected to deliver a payback in 13 months but did so in eight,
doubling production throughput on the line. Two new spin chillers at its Somerville facility, Victoria unlocked an extra 40 per cent capacity. It increases chilling capacity to maintain a lower temperature, creating a more efficient line. Ingham’s is now
set to install one at its Osborne Park site.
It has also implemented an integrated business planning process, allowing an extended planning horizon to 72 weeks.
Inghams Group is listed on the ASX under the code ING.
34 | Food&Drink business | November-December 2020 | www.foodanddrinkbusiness.com.au
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