Prydes Confectionery Co
OVERALL |
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Owned |
AUS |
Rating |
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Confectionery manufacturer
Est 1934. Acquired by Australian Sweets in 2006, who went into receivership in 2008. Acquired by Sanchez Group Australia in 2009. Most of their business is contract manufacturing, with clients like Darrell Lea, Metcash/IGA and The Reject Shop.
Company Ownership
Prydes Confectionery Holdings Pty Ltd | AUS | website | ||||
Sanchez Group Property Pty Ltd ![]() owns 100% of Prydes Confectionery Holdings Pty Ltd |
AUS | website | ||||
Property investment Investor in distressed industrial property assets. The Group's investment portfolio is valued at $100 million with core assets in Sydney and Newcastle. They recently diversified into acquiring operational businesses out of insolvency, which currently includes three confectionery manufacturing companies (Prydes, Betta Foods & Snow's Confectionery) to form one of Australia's largest privately owned confectionery companies. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Prydes Confectionery Holdings Pty Ltd | ||||
This company was a signatory to the Australian Packaging Covenant, a voluntary agreement to encourage waste minimisation. However in 2018 they were withdrawn for not meeting one or more of their APCO Member obligations.
Source: Australian Packaging Covenant (2022) |
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Sanchez Group Property Pty Ltd | ||||
No assessment data currently available for Sanchez Group Property Pty Ltd |
Company Details
Type | Wholly-owned subsidiary |
Revenue | 35 million AUD (2010) |
Employees | 82 (2010) |
Subsidiaries | Betta Foods (Aust) Pty Ltd ![]() Ice cream cones and confectionery Betta Foods has been operating in Australia since 1954. They have a manufacturing facility in Broadmeadows, Victoria. Acquired by international investment company Re:Capital in Oct 2014 and went into voluntary administration in Jan 2015. Acquired by Prydes Confectionery in Mar 2015. Snow Confectionery Pty Ltd ![]() Confectionery manufacturer Australian owned manufacturer and packer of 'private label', 'house brand' and 'branded' sugar and sugar free confectionery. Went into administration in Dec 2010 and subsequently acquired by Sanchez Group Australia. |
Contact Details
Address | 34 Davis Rd, Wetherill Park, NSW, 2164, Australia |
Phone | 02 9756 2345 |
sales@prydescc.com.au | |
Website | www.prydescc.com.au |
Products / Brands
Prydes Confectionery Co
Betta Sweets & Lollies Capricorn Sweets & Lollies Prydes Sweets & Lollies WOW Mints & Gum WOW Sweets & Lollies |