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Menora Foods joins Monde Nissin

Screen Shot 2015-03-17 at 11.20.03 AMMonde Nissin Corporation has acquired Australian business, Menora Foods.

Established in 1967, Menora Foods is a family-owned business and owns brands Wattle Valley and Peckish and also markets and distributes brands for third parties including Bonne Maman, Maille, Chobani, Huon, and Cobram Estate.

“After a thorough strategic review, we are pleased to announce that Monde Nissin Australia will acquire Menora Foods with the intention to build on the existing business and to continue its current growth trajectory,” Sam Schachna, MD, Menora Foods, said.

“Monde Nissin Corporation is a leading international food company with exceptional distribution reach in South East Asia. It has the resources and experience to build Menora in Australia and take its brands into new markets.

“As a private, family owned business, Monde Nissin shares the values and approach to doing business that Menora has been known for since it was established in 1967. Menora is experiencing strong growth and we believe that Monde Nissin is well placed to take the company through its next phase of development,” Schachna said.

Henry Soesanto, executive VP of Monde Nissin Corporation, said Monde Nissin aspires to be a significant foods and beverages player in the Asia Pacific region.

“We see Australia as a very important market that we should have a strong presence in, and Menora Foods with its marketing and distribution capability provides us with a very good strategic fit in achieving our vision.

“The combination of Menora’s own brands, Wattle Valley, and Peckish as well as its leading agency brands, combined with Monde Nissin’s category leading Black Swan and Nudie brands, provides a solid platform within the Australian and export markets to support growth and new opportunities.”

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