So Natural Foods
Canned fish and soy product producers
At an extraordinary general meeting held on 1 February 2007, shareholders approved the change of name from So Natural Foods Australia Ltd to Freedom Nutritional Products Ltd. In December 2004, So Natural entered into a joint venture with a subsidiary of privately owned investment company Arrovest Pty Ltd to relocate its beverage contract manufacturing to a farm in Sydney's outer west.In June, So Natural was the target of a $20 million takeover bid by Arrovest, which now has 78 per cent of the company.
|So Natural Foods Australia Ltd||AUS||website|
| Freedom Foods Group Ltd
owns 100% of So Natural Foods Australia Ltd
| Arrovest Pty Ltd
owns 60% of Freedom Foods Group Ltd
|So Natural Foods Australia Ltd|
This company is listed by the Earth Island Institute as an approved dolphin-safe tuna processing company. This company has pledged to abide by the Earth Island international 'Dolphin Safe' tuna standards of no encirclement of dolphins or other marine mammals during an entire fishing trip, no accidental deaths or serious injuries of any dolphins, and no use of drift gill nets.
[Source 2016][More on Animal Rights]
|Freedom Foods Group Ltd|
While most of this company's products are GM free according to Greenpeace, their Norganic mayonnaise comes in organic and non-organic varieties. The non-organic mayonnaise is made in the USA and contains 78% soyabean oil, which is most likely made from GM soybeans. About 90% of soy grown in the USA is genetically modified.
[More on Genetic Engineering]
This company has products that have been verified as compliant with the Non-GMO Project Standard, North America's only independent verification for products made according to best practices for GMO avoidance.
[Source 2016][More on Genetic Engineering]
Brands owned by this company were rated 'green' in Greenpeace's 2011 Truefood Guide, signifying a clear policy on excluding GM-derived ingredients, including oils derived from GM crops, and animal products from animals fed on GM crops.
[Source 2011][More on Genetic Engineering]
This company manufactures or distributes products that are certified organic under the Australian Certified Organic label.
[Source 2018][More on Eco-Certification]
This company is a signatory to the Manufacturers and Importers Agreement 1992 (MAIF), a voluntary self-regulatory code of conduct between the manufacturers and importers of infant formula in Australia. The MAIF Agreement aims to contribute to the provision of safe and adequate nutrition for infants, by the protection and promotion of breastfeeding and by ensuring the proper use of breast milk substitutes, when they are necessary, on the basis of adequate information through appropriate marketing and distribution.
[Source 2019][More on Irresponsible Marketing]
China's biggest private agricultural company, New Hope, will invest up to $500 million in Australian dairy farms and processing plants as part of a deal with Freedom Foods in what could be the first of many deals fuelled by the China-Australia free-trade agreement.
[Source 2014][More on Finance]
According to data released by the Australian Tax Office in Dec 2018, this company was one of 2,159 local and foreign-based companies that paid no tax in Australia in 2016-17. Please note however that companies pay income tax on profits, not revenue (total income). While some companies use tax havens and loopholes to avoid paying their fair share of tax in Australia, other companies that paid no tax have perfectly legitimate reasons.
[Source 2018][More on Finance]
|Arrovest Pty Ltd|
|Company Structure||Listed Public Company|
|Revenue||$25 million in 2002/3|
|Address||80 Box Road, Tarren Point, NSW, 2229, Australia|
|Phone||02 9526 2555|
|Fax||02 9525 5406|