Competitive Foods
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Fast food retail
Founded in 1969. Owned by Jack Cowin, "The Father of Fast Food in Australia". Owns 430 Hungry Jacks stores (only 65 franchised), and 23% of Domino's Pizza Enterprises. Mr Cowin was also a Director of Network Ten and Fairfax Holdings and owns three food manufacturing plants.
Competitive Foods Australia Pty Ltd | AUS | website |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Competitive Foods Australia Pty Ltd | ||||
Jack Cowin has long been a prominent member of the Financial Review Rich List. His wealth from his private Competitive Foods that has 430 Hungry Jack's fast-food stores around the country and his 23 per cent stake in the listed Domino's Pizza Holdings make up the majority of his $2.41 billion fortune. Follow the link to read his back story.
Source: Australian Financial Review (2018) |
Company Details
Type | Private company |
Founded | 1969 |
Revenue | 1.57 billion AUD (2019) |
Employees | 17,210 (2019) |
Subsidiaries | Hungry Jack's Pty Ltd (97% owned) ![]() Fast food restaurants Hungry Jack's is the exclusive Australian master franchisee of Burger King Corporation. Operates 351 restaurants across Australia, 65 of which are franchised. Owned by Jack Cowin. Domino's Pizza Enterprises Ltd (23% owned) ![]() Takeaway food retailing Australia's largest pizza chain, and the largest Domino's franchisee outside of the USA. The company is the largest franchisee for the Domino's Pizza brand in the world, with over 3,100 stores across Australia, NZ, Europe, Japan and South East Asia. It is 89% owned by senior management and nominees, and operates as a separate entity from Domino's Pizza, Inc. Previously owned by Jack Cowin, owner of Hungry Jacks, who still owns 23%. The Domino's brand and system is owned by Domino's Pizza, Inc, a listed US company. V2 Food Pty Ltd (50% owned) ![]() Meat substitutes Founded in January 2019 when Hungry Jacks and CSIRO scientists partnered up to develop a legume-based meat-free whopper. The 50:50 joint venture is between Competitive Foods & CSIRO's investment fund Main Sequence Ventures. Produces the patties for the Hungry Jacks Rebel Whopper burger. Products also available at Woolworths. In Oct 2020 three Asian investment firms injected $77 million, and in 2021 V2Food sealed three partnerships in Mainland China, including one with 30,000 distribution points. |
Contact Details
Address | Level 1 Building A Garden Office Park, 355 Scarborough Beach Road, Osbourne Park, WA, 6017, Australia |
Phone | 08 9242 9400 |
Website | http://en.wikipedia.org/wiki/Competitive_Foods_Australia |