Mergers and Acquisitions

A potato field of Agronico in bloom in Tasmania, Australia (Variety Atlantic)
August 27, 2023

Simplot to acquire Agronico, Tasmania’s largest seed potato producer

Agronico, Tasmania’s largest seed potato producer, has entered into an agreement for Simplot to acquire the business and property assets of Agronico.
Mitolo Family Farms enters into strategic partnership with Ontario Teachers’ Pension Plan
April 11, 2023

Canadian pension fund acquires majority stake in Mitolo Family Farms, Australia's largest potato supplier

Ontario Teachers’ Pension Plan Board, a Canadian pension fund, acquires the majority stake in Mitolo Family Farms, the largest potato grower and packer in Australia.
Simplot Australia announces AUD 100 million (about USD 69 million) investment in New South Wales Central West
July 11, 2022

Simplot Australia announces USD 70 million investment in vegetable processing in New South Wales, Australia

Simplot Australia has announced an AUD 65 million (about USD 44 million) upgrade to its Bathurst manufacturing facility and acquisiton of farming land in the Central West region of New South Wales valued at AUD 40 million.
Tasmanian Potato producer diversifies after buying Perfecta Produce
March 20, 2021

Tasmanian Potato producer diversifies after buying Perfecta Produce

Innovative, specialist fresh potato producers Terrence and Wendy Rattray are diversifying after buying Perfecta Produce and further expanding the substantial agricultural business in the fertile North-West food bowl.
Potato deal strengthens Mitolo as it digs in for new season in South Australia
November 10, 2020

Strengthened by the acquisition of the TFI Potato business, the Mitolo Group Pty Ltd starts a new potato season in South Australia

The recent finalization of a takeover of Thomas Foods International’s potato business and a spike in demand through the coronavirus pandemic has cemented Mitolo Group as Australia’s largest fresh spud producer.
Daly Potato Company acquired by Pure Foods Tasmania Limited
September 11, 2020

Daly Potato Company acquired by Pure Foods Tasmania Limited

Pure Foods Tasmania Limited has agreed to buy the business and assets of Daly Potato Company Pty Ltd (DPC) for $1.8M with a mixture of cash and shares, subject to working capital adjustments.
Shaking up the industry: how tna developed the world’s first end-to-end snack production solution
September 04, 2020

Founders Alf and Nadia Taylor reflect on the history of tna, supplier of complete processing lines for the snack industry

It has been an exciting journey for tna over the last few years. From developing our very own manufacturing service line in Melbourne in the 80s, to making some key acquisitions that helped shape our entire offering, we have come a long way.
Transforming potato waste into a new industry for Australia
March 06, 2020

Transforming potato waste into a new industry for Australia

Four of the largest potato producers in Australia want to convert 100% of their potato waste into commercial benefit through their partnership with the Fight Food Waste Cooperative Research Centre (CRC).
Collaborative discussion between seed potato schemes
July 22, 2019

Collaborative discussion between seed potato schemes

On 10 May, a meeting was held between AuSPICA, members of the Tasmanian Certified Seed Potato Scheme (known as TasSeed) and invited industry representatives.
Intersnack Group to acquire 40% of Universal Robina Oceania
July 19, 2019

Intersnack Group to acquire 40% of Universal Robina Oceania

Philippine-based food company Universal Robina (URC) has announced the divestiture of a 40% stake in its Oceania subsidiary, URC Oceania, to the German snack food manufacturer Intersnack.
Lamb Weston Signs Agreement to Acquire Australian Frozen Potato Processor Ready Meals Pty Ltd
June 24, 2019

Lamb Weston Signs Agreement to Acquire Australian Frozen Potato Processor Ready Meals Pty Ltd

Lamb Weston Holdings, Inc. announced that it has entered into an agreement to acquire Ready Meals Pty Ltd (Ready Meals), a frozen potato processor in Australia.
FPS Food Process Solutions acquires New Zealand Processing Equipment manufacturer Total Solutions
June 05, 2019

FPS Food Process Solutions acquires New Zealand Processing Equipment manufacturer Total Solutions

FPS Food Process Solutions Corporation has announced it has signed an agreement to acquire Total Solutions Limited, a leading fabricator of food processing equipment and conveyor systems in Auckland, New Zealand.
Lamb Weston acquires Australian Potato Processor Marvel Packers
December 21, 2018

Lamb Weston acquires Australian Potato Processor Marvel Packers

Lamb Weston Holdings, Inc. announced today that it has acquired Marvel Packers Pty Ltd , a frozen potato processor in Australia. Marvel operates frozen potato processing and storage facilities (for frozen product) in Hallam, Victoria.
Key Technology and Heat and Control Form Strategic Partnership in Australia, New Zealand and India
August 21, 2018

Key Technology and Heat and Control Form Strategic Partnership in Australia, New Zealand and India

Processing Equipment manufacturers Key Technology, Inc. and Heat and Control Pty Ltd. announced that they have entered into a strategic partnership to support customers in Australia, New Zealand and India.
Closer cooperation Ishida and Heat and Control offer snack manufacturers 'end-to-end' equipment solutions
April 09, 2018

Global Heat and Control - Ishida Alliance to offer 'end-to-end' snack processing solutions

Ishida and Heat and Control are establishing a stronger collaborative alliance to provide food industry customers with full 'end to end' processing and packaging solutions.
The Mitolo Group buys major parts of bankrupt Oakland Produce - Australia's largest fresh potato supplie
October 04, 2016

The Mitolo Group buys major parts of bankrupt Oakville Produce - formerly Australia's largest fresh potato supplier

According to a Deloitte spokesman South Australian fresh produce company the Mitolo Group had taken control of all South Australian-owned farms of bankrupt Oakville Produce, as well as packaging businesses in Brisbane, Melbourne and Sydney - as of September 23.
Snack Brands Australia to be acquired by Universal Robina Corporation of the Phillipines
August 30, 2016

Snack Brands Australia to be acquired by Universal Robina Corporation of the Phillipines

Universal Robina Corporation (URC), one of the largest branded consumer food and beverage product companies in the Philippines, is to buy Snack Brands Australia, according to a Snack Brands Australia statement dated August 17.
How could a company with 23 per cent of Australia's AU$625 million potato market go bust?
May 22, 2016

Oakville Produce: How can a company supplying 23 percent of Australia's potato market go bankrupt?

After Oakville Produce (formerly known as the Moraitis Group) entered receivership earlier this month, questions arise how that could happen to a company good for almost a quarter of the Australian Potato market.

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