SPC takes majority stake in The Kuisine Company

Australian agribusiness SPC has made a strategic investment into The Kuisine Company by taking a majority equity stake in the frozen ready meals and finger foods manufacturer.

Based in Greater Western Sydney, The Kuisine Company has a range of clients including leading supermarket chains, health services and Meals on Wheels.

SPC will also acquire Kuisine’s wholly owned brands, The Good Meal Co, The Gluten Free Meal Co and Simply Special.

SPC Chief Executive Robert Giles said the acquisition promotes the growth of the company’s health- and aged-care sector, which is already established through its ProVital brand.

“The scale and scope of Kuisine’s capabilities means that we can expand our offering to include frozen foods, finger foods and ready-made meals. It’s an exciting time for both businesses,” Giles said.

“It will be manufacturers and innovators who will help drive Australia’s post-COVID economic recovery. We must all take the opportunity to support those businesses so they can become leading brands that service not only the Australian population but the world.”

Kuisine Company Director Pran Gohil said the company is looking forward to the transition.

“We are proud to have built such a high-quality, family-owned business that supplies customers throughout Australia,” Gohil said.

“SPC is an ideal partner to drive the business forward into the next level of growth stage to deliver high-quality food to people in Australia and the rest of the world.”

The news came after SPC’s previous acquisition of Pomlife and joint venture with German giant Döhler earlier this year as the company looks to establish an international presence in the agribusiness industry.

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