Confectionery

Research reveals the treats Australians love

Results from the Australian Health Survey, released by the Australian Bureau of Statistics (ABS) this week demonstrate the differences in eating habits across the nation and that Australians across the nation continue to enjoy a treat. Louise Gates from the ABS says “The report tells us Australians obtain over a third (35 per cent) of their energy from discretionary

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Third confectionery collapse of 2015, call for safe harbour law

A third Australian confectionery maker or wholesaler, WA-based confectionery importer Blue Thistle, has been placed into administration since January, while an insolvency expert said about one-third of liquidated businesses could be saved if the government adopted draft safe harbour recommendations made by the Productivity Commission in March. In January, Melbourne-based confectionery maker Betta Foods was

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Monde Nissin snaps up Menora, Betta sold to Prydes Confectionery

Philippine food group Monde Nissin Corporation snapped up its third Australian food and beverage manufacturer and wholesaler in six months late last week with the acquisition of food wholesaler and maker Menora Foods for an estimated $55 million. The company will trade as Monde Nissin Australia. This follows from Monde Nissin’s acquisition of Black Swan

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Re:Capital adds Betta Foods to confectionery portfolio

Investment company Re:Capital Australia, Hilco Capital’s Australian business, announced in October it had acquired the Broadmeadows-based confectionery manufacturer Betta Foods and formed a new holding company, The Confectionery Innovation Group Pty Ltd. The financial details of the transaction were not disclosed. The Confectionery Innovation Group will take 100% ownership of Betta Foods. Established in 1954,

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Mars named as one of Australias best places to work

At the BRW Best Places to Work 2014 Study awards ceremony held in Sydney on the 11 September, Mars Australia was the only food manufacturing business to be listed in the top 25, ranking twentieth in the list. The Mars Australia entry represented over 2,000 Mars Associates employed across four segments for: Mars Chocolate in

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