SPC Australia facts for kids
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Formerly
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SPC Ardmona |
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| Predecessors |
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| Founded | 1917 |
| Parent | SPC Global Limited (2019-current) |
SPC Global Limited, also known as SPC, is a big Australian company that makes and packs food. They are famous for processing lots of fruit. SPC has a large factory in Shepparton, and they are one of the biggest employers in the Goulburn Valley area.
History of SPC
SPC started way back in 1917. A group of fruit farmers in Victoria's Goulburn Valley created a company called the Shepparton Fruit Preserving Co. Ltd. They worked together to can fruits like pears, peaches, and nectarines. Their products were sold under the brand name SPC.
Later, in 2002, the Shepparton Preserving Company (SPC) joined with another company called Ardmona. Together, they became SPC Ardmona.
In 2005, a large company called Coca-Cola Amatil bought SPC Ardmona. They invested a lot of money to improve the company. SPC also bought other food brands like IXL and Taylors in 2004.
Over time, SPC changed some of its operations. They closed their factory in Mooroopna in 2011. The factory in Kyabram was sold in 2019.
In 2019, Coca-Cola Amatil sold SPC to a new group called Shepparton Partners Collective. This group is now known as SPC Global Limited. They had big plans to help SPC grow around the world.
Today, SPC Global owns many well-known brands. These include SPC, Goulburn Valley, Ardmona, Provital, Pomlife, and Helping Humans.
In August 2021, SPC Global made an important decision. They asked all their staff, contractors, and visitors to get COVID-19 vaccinations. This was to keep everyone safe at their offices and factories. SPC was one of the first Australian companies to do this.
The current Chairman of SPC Global is Hussein Rifai. Since 2023, Neil Brimacombe has been the CEO of the company.
Growing and Improving
In June 2019, it was announced that Coca-Cola Amatil had sold the SPC business. It was bought by a group called Shepparton Partners Collective for $40 million. This group included two investment companies, Perma Funds Management and The Eights.
As part of their plan to make the business better, the new owners sold some brands. They sold the IXL and Taylors brands, along with the Kyabram factory, in 2019. These were sold to a group of farmers and growers in the Goulburn Valley.
In 2021, SPC started making and selling healthy drinks. They did this by buying a brand called Helping Humans. They also began offering ready-to-eat meals through Kuisine Co. and The Good Meal Co.
SPC has been doing well financially. In the 2020-21 financial year, they made a profit of AUD 11.8 million. The next year, in 2021-22, their profit grew even more to AUD 24 million.
