SUBSCRIBE

Breaking News on Food, Beverage & Supplement Development - Asia PacificEU edition | US edition

Headlines > Business

News in brief

McCain buys A-Pac rights to Sara Lee brand

05-Feb-2013

McCain Foods has completed the acquisition of Kitchens of Sara Lee (KOSL) Australia from Hillshire Brands in a deal worth A$82m. 

The acquisition of KOSL includes a manufacturing facility at Lisarow, New South Wales, as well as licence rights to the Sara Lee brand, and certain intellectual properties used in the Australian bakery business in the Asia-Pacific region. 

McCain Foods’ regional managing director, Steve Yung, said of the deal: “Sara Lee is a great addition to our family of frozen foods and will provide a platform for growth. We are now focused on a smooth integration of the new business without disruption to our consumers and customers.” 

KOSL is a leading Australian and New Zealand frozen food company that manufactures, sells and distributes a range of Sara Lee-branded products in frozen desserts, super-premium ice cream, pastries, frozen savoury meals and frozen fruit categories. 

McCain’s regional office operates eight production facilities across five sites throughout Australia and New Zealand.

Subscribe to our FREE newsletter

Get FREE access to authoritative breaking news, videos, podcasts, webinars and white papers. SUBSCRIBE

Related products

Key Industry Events

 

Access all events listing

Our events, Events from partners...