Darrell Lea

OVERALL
Owned	AUS
Rating

Confectionery manufacturer

Established in 1927 and privately owned by the Lea family until getting into financial trouble in 2012 and being acquired by the Quinn family. In 2018 Quadrant Private Equity bought a majority stake for $200m. The Quinn family also sold a majority stake in its VIP Petfoods business in 2015 to Quadrant. Darrell Lea acquired the Life Savers brand from Nestle in 2018, acquiring the rights to the lolly in Australia and New Zealand.

Company Ownership


Darrell Lea Confectionery Co Pty Ltd	AUS	website	email	facebook
Rite Bite Group Pty Ltd owns 85% of Darrell Lea Confectionery Co Pty Ltd	AUS	website
Snack foods Established in 2019 when Australian private equity firm Quadrant, who bought Darrell Lea Chocolates in 2018, acquired another eight snack brands.
Quadrant Private Equity Pty Ltd owns 100% of Rite Bite Group Pty Ltd	AUS	website	email
Private equity firm Sydney-based mid-market private equity firm established in 1996 and investing in companies in Australia and New Zealand. Former investments include VIP Pet Foods, Burson Auto Parts and Red Rooster. Formed the RiteBite Group in 2019 after acquiring Darrell Lea and another 8 snack brands.
Quinn Foods Pty Ltd owns 15% of Darrell Lea Confectionery Co Pty Ltd	AUS
Pet food and confectionery manufacturer Owned by the Quinn family, who previously owned VIP Petfoods and Darrell Lea before selling them both to Quadrant Private Equity in 2015 and 2018 respectively. The Quinns also own a string of businesses in Australia and New Zealand, including motor racing complexes.