McCain buys A-Pac rights to Sara Lee brand

Related tags New south wales Australia

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.

Related topics Business Oceania Bakery Desserts

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