PAG

Frozen food manufacturing

Founded in 1974. Acquired by Hong Kong private equity firm PAG in 2022.

Holding company

Formerly Quick Service Restaurant Holdings, the company changed its name to Craveable Brands in 2017. Owner of 4 chicken fast food chains: Red Rooster, Oporto, Chicken Treat (WA only) and Chargrill Charlie. Acquired by PAG in 2019. Operates more than 570 restaurants across Australia, with about 80% being franchised.

Fast food restaurants

In May 2002, Perth based Australian Fast Foods acquired Red Rooster from Coles Myer Ltd. AFF also owns 68 Chicken Treat stores in WA.

Fast food retail

Founded in Bondi, Sydney. Oporto now has over 110 stores across Australia and New Zealand, with over 95% of them franchises. Bought by QSR Holdings (owner of Red Rooster and Chicken Treat) in 2007 for $60 million.

Pastry manufacturing

Founded in Lakes Entrance (VIC) in 1966. Products manufactured at their facility in Bairnsdale, VIC. Acquired by Hong Kong private equity firm PAG in 2022.

Food suppliers

Chefs Pride is a major supplier to the Australian Foodservice Industry. The company specialises in supplying high quality frozen fruits and frozen fruit purees to international 4 and 5 star hotels, restaurants and other leading establishments.Chef's Pride and Creative Gourmet are sister companies. Both were bought by Patties in May 2007.

Ready meals

Established in 1990. Operates a manufacturing facility in South Australia. Patties Foods acquired 50% of the company in 2017.

Pub group

Created in 2017 when KKR bought an 80 per cent stake in Bruce Dixon's pub group for $190 million. Since then KKR has made a number of bolt-on acquisitions, including Coles' Spirit Hotels business, which controls about 90 pubs, mainly in Queensland. PAG took over ownership from KKR in 2023. Coles still operates the liquor stores, but has left the pokies business.

Craft beer makers

Founded in 2008 as the backyard idea of 3 mates with a long history of home brewing. Their beers are brewed under contract. Acquired by Dixon Hospitality (renamed Australian Venue Co) in 2017.

Hotel operators

This joint venture began in 2019 when the KKR controlled Australian Venue Company took over Coles' hotels business which operates mainly in Queensland. Under the deal KKR runs the hotels (and poker machines) while Coles runs the liquor stores.

Value added chicken products

Distributes to supermarket chains, specialist chicken shops, delicatessens, restaurants, and food outlets in NSW, QLD, VIC, SA. Also exports to Asia Pacific and Middle East. Acquired by Hong Kong private equity firm PAG in 2022.

Printers

Formed in 1991 as a spinoff from IBM. Manufacturer of laser printers and imaging products. Acquired in 2016 by a consortium of investors led by Ninestar (formerly Apex Technology) and PAG Asia Capital.

Printers

Provides printers & multi-function devices and ink/toner and supplies.