SPC, the Australian fruit and vegetable processing firm, has announced it will close its juice manufacturing facility in Shepparton, Victoria, as part of a broader strategic overhaul of its operations. The closure, scheduled for later this year, follows a review aimed at consolidating manufacturing to improve efficiency and competitiveness. Production currently handled at the site will be integrated into SPC’s other facilities in the region. While the company has not …
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The Original Juice Company (OJC), an Australian-based business that sells chilled fruit and vegetable juices, has announced plans to acquire SPC Global (SPC) and the powdered milk business Nature One Dairy to create a leading food and beverage company. As part of the transaction, OJC will issue 133 million shares to SPC shareholders, while Nature One Dairy shareholders will get 29 million shares and up to A$6 million ($4 million) …
Australian agribusiness firm SPC has announced the acquisition of a majority stake in The Kuisine Company, an Australian manufacturer of frozen ready meals and appetizers. The acquisition, which also includes wholly-owned brands such as The Good Meal Co, The Gluten Free Meal Co and, Simple Special, will allow SPC to expand as part of its strategy to become a global agribusiness, according to reports. SPC CEO Robert Giles said: “By …
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