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Betta Foods

OVERALL

Owned
AUS
Rating
No rating

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.

Company Ownership

Betta Foods (Aust) Pty Ltd   AUS              
  Prydes Confectionery Holdings Pty Ltd   
   owns 100% of Betta Foods (Aust) Pty Ltd  
AUS     website   email      

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.

      Sanchez Group Property Pty Ltd   
       owns 100% of Prydes Confectionery Holdings Pty Ltd  
AUS     website   email      

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.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Betta Foods (Aust) Pty Ltd
No assessment data currently available for Betta Foods (Aust) Pty Ltd
Prydes Confectionery Holdings Pty Ltd
Environment Previous Packaging Covenant signatory
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 However in 2018 they were withdrawn for not meeting one or more of their APCO Member obligations.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)
Sanchez Group Property Pty Ltd
No assessment data currently available for Sanchez Group Property Pty Ltd

> About the Icons

Company Details

Type Wholly-owned subsidiary
Revenue 30 million AUD (2014)
Employees 150 (2014)
Aus Manufacturing Yes

Contact Details

Address 25-59 King William St, Broadmeadows , VIC, 3047, Australia

Products / Brands


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