Iconic Australian food manufacturer SPC, has established a joint venture with global food business Döhler which will create, manufacture and distribute new Australian sourced foods.
SPC Chairman Hussein Rifai said: “There is no better way to ensure food manufacturing security than to follow our business strategy which is to become a global player in food production.
“With the right support and partners like Döhler, if you think globally, you can take our Australian innovation to the world.”
German-based Döhler is one of the world’s most recognised producers, marketers and providers of technology-driven natural ingredients, ingredient systems and food and beverage solutions .
The 100-year-old fruit and vegetable processor believes its partnership with Döhler will support SPC’s global expansion plans and give Döhler an Asia Pacific partner.
SPC has had a recent troubled history, losing its was under ownership by Coca-Cola Amatil which sold out for $40 million to investment house Perma Funds Management and private equity firm The Eights in 2019.
While its product offerings from tinned fruits to baked beans and spaghetti are iconic and much loved, they are fading in the marketplace, leading to CCA losing more than $450 million on its original investment in SPC.
The new joint venture, Gourmet Ingredients Pty Ltd, will develop intellectual property in Australia to deliver culinary experiences through Döhler’s extensive sales and distribution channels.
Rifai, said: “The synergy of our two different companies ensures that we are bringing our expertise together to deliver products that global customers want to create food products of the future.
“Consumer palettes have become much more sophisticated over time and they expect consistency, high quality, natural and nutritional culinary experience.”
Director for Doehler Australia, Peter Gates, said: “With SPC’s expertise in supply processing and manufacturing and Doehler’s experience in creating innovative ingredients systems, the joint venture is the perfect marriage.”
For Australian manufacturing, the joint venture will mean greater support for local industry, the ability to develop and market intellectual property globally, and to innovate beyond core produce.
SPC’s focus is on establishing the business as a successful global agribusiness to support its employees, growers and the local community.
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