Coca-Cola Amatil has sold its loss-making Victorian fruit cannery SPC for 40 million to Shepparton Partners Collective, which says it will grow the business and offer jobs to all permanent workers. 5 Vaughan Street, Shepparton Sign up to create alerts for Instruments, * FIRST QUARTER TRADING UPDATE-EZL.AX SPC is one of Australia’s oldest and most loved fruit processors, and recently voted one of the top 20 brands Australian consumers can’t live without, and we remain the largest producer of packaged vegetables in Australia. Thanks for your comment. T 03 5831 6944   F 03 5831 6836 E suzanna.sheed@parliament.vic.gov.au, https://suzannasheed.com.au/wp-content/uploads/2020/02/default-post-image.jpg, https://suzannasheed.com.au/wp-content/uploads/2020/04/Sheed-Logo-V2.png, Premier commits to Shepparton Education Plan. Individual … BRIEF-Wattle Health Australia Enters Strategic Partnership With Shepparton Partners Collective. Shepparton Partners Collective . * MADE PROPOSAL VIA UNIT ITS TO ACQUIRE VIA OFF-MARKET TAKEOVER ALL OF SHARES IN EVANS DIXON Discover historical prices for D stock on Yahoo Finance. It has provided both permanent and casual employment throughout its existence and continues to do so.”. Taking into account forecasted working capital balances, working capital adjustments to the sale price and costs of disposal, a profit on sale of $10 million to $15 million is expected to be recorded upon completion. May 1 (Reuters) - Wattle Health Australia Ltd WHA.AX : * ENTERS INTO STRATEGIC PARTNERSHIP WITH SHEPPARTON PARTNERS COLLECTIVE, * STRATEGIC PARTNERSHIP WILL BE IN FORM OF A 50/50 JOINT VENTURE, * SPC WILL BE ISSUED 30 MILLION FULLY PAID ORDINARY SHARES IN WATTLE HEALTH UPON FIRST DRAWDOWN OF LOAN, * DEAL WILL SEE SPC ARRANGING UP TO $20M OF DEBT FOR WATTLE HEALTH TO COMPLETE CONSTRUCTION OF CORIO BAY DAIRY GROUP SPRAY DRYER, * WILL RETAIN OWNERSHIP OF UGANIC BRAND UNTIL JV ACHIEVES ANNUALISED REVENUE OF $10 MILLION PER ANNUM IN UGANIC SALES, * UPON FORMATION OF JV, SPC WILL BE ISSUED 40 MILLION FULLY PAID ORDINARY SHARES IN WATTLE HEALTH. Breaking News. Please note that all comments are pending until approved by our moderators. LTD. (UEN ID 201921914R) is a corporate entity registered with Accounting and Corporate Regulatory Authority. Coca-Cola Amatil bought the company in 2005, and sold it in June 2019 for $40 million to private equity backed Shepparton Partners Collective, a joint venture backed by Australian private equity firms Perma Funds Management and The Eights. Independent Member for Shepparton District Suzanna Sheed has cautiously welcomed the proposed sale of SPC to Shepparton Partners Collective Pty Ltd (Shepparton Partners Collective), a joint venture between Perma Funds Management and The Eights. The entity status is Live Company. PRICES; Trade; Background; YEARBOOKS; News ; Actualités; Directory; Researchers; Get listed; My account; Contact us ; Free newsletter; News. Please wait a minute before you try to comment again. Recent investments by the previous owner Coca-Cola Amatil and the state government should see SPC moving forward as a progressive modern business. Its new owner, Shepparton Partners Collective, ... "In recent years we've grown our market share in tomatoes and we recently launched Australia's first organic canned tomatoes," he said. Australia: SPC Ardmona sold to Shepparton Partners Collective. * TAKEOVER OFFER FOR ALL OF SHARES IN... We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. The address is 137 Market Street, #04-01, Grace Global Raffles, Singapore 048943. “Like many local families my son used to perform holiday work doing the wash-down late at night funding his studies at university,” Ms Sheed said. Your status will be reviewed by our moderators. “I trust that a high purchase price alone was not the deciding factor but their interest in the ongoing sustainability of the business, their capacity to grow the business, innovate and increase exports,” Ms Sheed said. Keep up-to-date. Shepparton Partners Collective is a joint venture between Perma Funds Management and The Eights. The UEN issue date is July 8, 2019. Oct 27 (Reuters) - Asian stocks markets fell on Tuesday as soaring global coronavirus cases and slow progress on a U.S. stimulus deal hammered... Oct 27 (Reuters) - Euroz Ltd EZL.AX : Independent Member for Shepparton District Suzanna Sheed has cautiously welcomed the proposed sale of SPC to Shepparton Partners Collective Pty Ltd (Shepparton Partners Collective), a joint venture between Perma Funds Management and The Eights. Replace the attached chart with a new chart ? Follow us on social media. GLOBAL MARKETS-Asian shares struggle to shake off U.S. selloff amid... Australian shares set to drop amid global sell-off, NZ falls, Vanguard ETFs For Long-Term Growth And International Diversification. Nourishing Aussie Families. The division is being sold to Shepparton Partners collective for $40 million. It may therefore take some time before it appears on our website. This comment has already been saved in your, PRECIOUS-Gold slips on strong dollar, U.S. stimulus doubts, Australian shares hit near 3-week low as global virus cases resurge, Virus Gains Momentum, Stimulus Stalls, Ant Group IPO - What's up in Markets, 3 Stocks To Watch This Coming Week: Microsoft, Apple, Amazon, Panic Selling Can Lead To Multi-Day FX Moves, SG FTSE MIB Gross TR 5x Daily Short Strategy RT 18, Vontobel 7X Long Fixed Lever on Natural Gas 8.06, Asian shares hit by surging coronavirus cases, U.S. stimulus woes, BRIEF-Euroz Ltd Posts Q1 NPAT Of $7.1 Mln, BRIEF-360 Capital Group Makes Proposal To Buy All Shares Of Evans Dixon It Does Not Already Own. “We’ve seen investment in the company by previous owners and the Victorian State Government. %USER_NAME% was successfully added to your Block List. Oct 27 (Reuters) - 360 Capital Group Ltd TGP.AX : SPC was established in 1917 as the Shepparton Preserving Company, becoming SPC Ardmona in 2002 after merging with Ardmona. The entity status is Live Company. “I note that while the company is called Shepparton Partners Collective, it appears to have no particular connection to Shepparton. “I trust that a high purchase price alone was not the deciding factor but their interest in the ongoing sustainability of […] © 2007-2020 Fusion Media Limited. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion. The 100-year-old SPC brand and business will live on after Coca-Cola Amatil sold the loss-making Goulburn Valley cannery for about 40 million to private equity group Shepparton Partners Collective. ... family members or partners driving to the same place in their own cars, ... A prize is a small price to pay when all the ‘teams’ will be cleaning up without even realising. “The people of our region will be anxious to see the new owners grow the business and strengthen its operations.”, Myles Peterson 0467 035 840│myles.peterson@parliament.vic.gov.au, 5 Vaughan Street, Shepparton SHEPPARTON PARTNERS COLLECTIVE INTERNATIONAL PTE. Are you sure you want to delete this chart? The address is 137 Market Street, #04-01, Grace Global Raffles, Singapore 048943. BRIEF-Wattle Health Australia Enters Strategic Partnership With Shepparton Partners Collective. Shepparton Partners Collective (SPC), which has been working closely with Wattle Health, has proposed a transaction in which it will buy ODFA’s holding in CBDG This will allow the ongoing construction of CBDG’s milk spray dryer facility to be completed Wattle Health shares remain suspended, last trading for 48.7 cents per share Since you’ve just unblocked this person, you must wait 48 hours before renewing the block. E suzanna.sheed@parliament.vic.gov.au. In a world where greater production of food will always be required it is essential that we in Australia, and we in Greater Shepparton, have industries like this,” Ms Sheed said. * Q1 NPAT OF $7.1 MILLION. SHEPPARTON PARTNERS COLLECTIVE INTERNATIONAL PTE. It was owned by Coca-Cola Amatil from 2005 until 2019. By doing so, you and %USER_NAME% will not be able to see The team has significant Australian and international experience in food, supply chain, finance, retail, agri-business and technology. SPC Sale to Shepparton Partners Collective C4GS welcomes the announcement by Coca-Cola Amatil of a successful sale of SPC.

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