A Perth businessman has purchased 148-year-old Anchor Foods from Australia's largest food company Goodman Fielder, reports IndustrySearch.com.
David Clapin, the former chief executive of Perth-based Kailis and France Foods Pty, will officially take control of the company later this month, continues the news story.
The sale, for an undisclosed sum, includes trademarks, inventories, land, processing and manufacturing facilities and warehouses based in Perth. Clapin said Goodman Fielder recognised that selling the business as a complete package was in the best interests of all concerned, particularly its 80 West Australian employees.
"The purchase of the business represents a significant opportunity for a dedicated focus on the manufacture, marketing and distribution of key branded and innovative food products," he said.
Anchor Foods' best known brands include Spencers (herbs and spices, Asian sauces and rice), Lion (baking and bread mixes), Snowflake (flour, sugar, coconut) and core Anchor branded products such as cordials, vinegars, and dried fruits.
Anchor Foods was founded in Adelaide in 1854.