Australian pie and pastry firm Patties Foods has announced the acquisition of the ready meal business Fitness Outcomes. According to Inside FMCG, the addition will allow Patties Foods’ annual sales to reach around AUD $500 million ($387 million). During the next two months, the production of the 20 refrigerated and frozen healthy ready meals will be moving to Patties Foods’ Packenham and Australian Wholefood sites, and afterwards the products will …
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Patties Foods
Australian pie and pastry firm Patties Foods has acquired Simplot’s facility at Pakenham in Victoria, Australia, according to a Food and Drink Business report. The move follows Simplot’s exit from the frozen meals category last August leading to the closure of their Pakenham facility, where the company manufactured Nestle’s Lean Cuisine range. Patties Foods is also said to have closed a multi-year contract to produce Leggo’s pasta products for Simplot …
Australia-based food producer Patties Foods is launching a range of pies in partnership with winemaker Andrew Peace Wines under the Herbert Adams name. The new range is described as being made using wines from the Andrew Peace Wines range, which are produced in the Swan Hill region of Victoria. Labelled Herbert Adams Gourmet Wine Infusions, the line is available in the varieties Slow-Cooked Beef with Caramelised Onion & Cabernet Sauvignon, …
Patties Foods, an Australian food manufacturer and owner of the Four’N Twenty brand, has launched a line of hot snacks that are inspired by popular meals. According to a report in Inside FMCG, Patties Foods has released three new varieties of ‘hand-held’ snack that are designed to be eaten on the go: Lasagne, Mac ‘N Cheese and Chicken Cordon Bleu. The products come frozen and are being sold under the …
Patties Foods, an Australian pie and pastry firm owned by Pacific Equity Partners, is to acquire New Zealand based convenience food manufacturer Food Partners, according to an article in the National Business Review. Food Partners, which trades as Leader Products, produces a range of frozen meat-based products for both retail and foodservice channels, including chicken and beef burgers and patties, finger food such as hotdogs, chicken goujons and meatballs, and “meal …
Investment firm Pacific Equity Partners has offered A$232million ($165 million) for 100% of the shares in Patties Foods, according to reports in AFN and ABC. Australia-based Patties Foods is the owner of a number of brands in the bakery industry, including Four ‘n’ Twenty Pies, Herbert Adams Pies, Snowy River, Pies Chefs, Patties and Nanna’s. According to sources, Patties revealed that Pacific Equity Partners (PEP) has approached the company with …
Patties Foods (Patties), the maker of Australia’s best known pie, Four’N Twenty, has announced that its revenue increased by only 0.9 per cent for the first half of the 2014 financial year. Australian Food News stated that the company’s results were heavily impacted by of the loss of a major supermarket private label contract. The company reported that profit margins were slightly reduced and were impacted by capturing value segment …
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