New Zealand’s Griffin’s Food Company has denied media reports the business may be sold.
Citing “a number of media outlets” without naming any, the company issued a brief statement describing reports that parent Universal Robina Corporation may sell Griffin’s as “false speculation”.
“The rumours are incorrect. Griffin’s Foods categorically states there is no process in place nor intent for Universal Robina to divest the business.”
The company said that while Covid-19 presented challenges for business globally, Universal Robina remained well positioned to continue its performance in the market.
Manila-based Universal Robina Corporation is one of the Philippines’ largest food-and-beverage companies. Besides the Griffin’s business in New Zealand, it has factories in China, Myanmar, Thailand, Vietnam, Malaysia and Indonesia. [
