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Patties Foods

OVERALL

Owned
HKG
Rating
Praises, some criticism

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.

Company Ownership

Patties Foods Pty Ltd   AUS     website   email      
  PAG   
   owns 100% of Patties Foods Pty Ltd  
HKG     website   email      

Investment firm

Founded as Pacific Alliance Group in 2002. Investment partner operating in Asia with US$50 billion of assets under management. Australian investments include Craveable Brands (Red Rooster and Oporto), Patties Foods, Vesco Foods, The Cheescake Shop, Cordina Farms and Rex.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Patties Foods Pty Ltd
Environment 4/5 for packaging performance
This company received a packaging performance level of 4 (Leading) in its 2022 APCO Annual Report. Australian Packaging Covenant Organisation (APCO) is a not-for-profit organisation leading the development of a circular economy for packaging in Australia. Each year, APCO Members are required to submit an APCO Annual Report and Action Plan, which includes an overall performance level from 1 (Getting Started) to 5 (Beyond Best Practice).
Source: APCO (2022)
Social Breaching advertising codes
This company has been criticised for offensive advertising. In 2016 the Advertising Standards Bureau upheld complaints about an ad by this company on the grounds that it breached advertising codes. The ad was subsequently discontinued or modified.
Source: Advertising Standards Bureau (2016)
Social RCMI signatory
This company is a signatory to the Responsible Children's Marketing Initiative (RCMI), which is managed by the Australian Food & Grocery Council and covers products found in retail outlets. Companies that have signed up to the initiative commit to: only advertising healthier choices to children and encouraging a healthy lifestyle through good diet and physical activity; not paying for or seeking product placement television programs, editorial content or interactive games aimed at children, unless the product is a healthier choice; not advertising and marketing to children in Australian schools unless they are asked to by those schools.
Source: AFGC (2019)
Animals RSPCA Approved products
Patties Foods use chicken from Australian RSPCA Approved farms for their range of Herbest Adams gourmet chicken pies. These farms raise their birds in an enriched barn environment. Chickens enjoy space to move, good lighting and can perch, dustbathe and forage.
Source: RSPCA Australia (2020)
Animals Cage-free eggs commitment
This company is listed on the RSPCA Australia website as 'cage-free and proud', signifying a commitment to source 100% cage-free eggs. Essentially cage-free means barn laid, which is better than cage eggs, but still much worse than free-range or organic eggs when it comes to animal welfare.
Source: RSPCA Australia (2020)
Business Ethics Ethical sourcing claims
This company has a publicly available Ethical Sourcing Policy on its website, with a focus on the areas of sustainable palm oil and packaging.
Source: company website (2016)
Social Frozen berries hepatitis A scare
In February 2015 twelve people contracted hepatitis A due to the consumption of "Nanna's frozen berries" sourced from China and sold by this company. A number of frozen berry products were recalled, and Patties has since exited the frozen berries sector.
Source: news article (2015)
PAG
Business Ethics Part owned by Blackstone, which has criticisms
This company is part owned and backed by Blackstone, which has an overall Shop Ethical rating of 'F'.
Source: Shop Ethical (2021)
Business Ethics ESG claims
This company has environment, social and governance claims on its website under the headings investment principles, approach and transparency & reporting.
Source: company website (2022)
Business Ethics 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 (2022)

> About the Icons

Company Details

Type Wholly-owned subsidiary
Founded 1966
Revenue 436 million AUD (2021)
Employees 475 (2021)
Aus Manufacturing Yes
Subsidiaries Chefs Pride Pty Ltd 

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.


Australian Wholefoods Pty Ltd (50% owned) 

Ready meals

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

Contact Details

Address 161-169 Princes Highway, Bairnsdale, VIC, 3875, Australia
Phone 03 9558 7456
Freecall 1800 650 069
Email info@patties.com.au
Website www.pattiesfoods.com.au

Products / Brands

Patties Foods
Boscastle Pies & Pasties
Fitness Outcomes Ready Meals
Four 'n Twenty Pies & Pasties
Herbert Adams Pies & Pasties
Herbert Adams Finger Food
Nannas Pies & Pasties
Nannas Frozen Desserts/Fruit
Patties Pies & Pasties
Patties Finger Food
Ruffie Rustic Foods Frozen Meals/Pizza
Ruffie Rustic Foods Vegetarian & Vegan
Snowy River Pies & Pasties
Wedgewood Pies & Pasties


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