Gourmet Food

OVERALL
Owned	AUS
Rating

Food manufacturer

Gourmet Food is the integration of Max Foods and Fine Food Holdings. All of their crackers are made at their new facility in Melbourne, which also manfacturers for other companies. Australian private equity firm CPE bought a majority stake in 2018.

Company Ownership

Gourmet Food Holdings Pty Ltd	AUS	website	email
CPE Capital Pty Ltd       owns 60% of Gourmet Food Holdings Pty Ltd	AUS	website	email
Private capital provider Formerly CHAMP Private Equity, which was founded in 1987. Over the past 32 years, the firm has made 75 platform investments across eight funds through the deployment of A$3.8 billion in investor commitments. Previously owned stakes in Accolade Wines, Manassen Foods, Sheridan, and many more.

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Company Assessment

PRAISE	CRITICISM	INFORMATION
Gourmet Food Holdings Pty Ltd
		Palm oil free products Some, but not necessarily all, of this company's biscuit products are palm oil free. For more details, follow the link to see Borneo Orangutan Survival Australia's list of products which manufacturers have told them are palm oil free or contain segregated certified sustainable palm oil. Source: BOS Australia (2020) Sustainability claims On its website this company claims that its products are free of GMOs and artificial colours and flavours, and that its cracker packaging is recyclable. Source: company website (2020)
CPE Capital Pty Ltd
	Military involvement CPE owns Marand Precision Engineering, a global supplier of precision engineered solutions to a range of industries, including aerospace, defence, rail, automotive and mining. Clients include aerospace and defense giants Lockheed Martin, Boeing and BAE Systems. Source: company website (2020)	UN Principles for Responsible Investment signatory UNPRI is a set of six principles direct institutional investors may adopt to consider environmental, social and corporate governance issues when investing. UNPRI is a voluntary agreement. Source: UNPRI (2020)

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