| | |
| Arnott's Distribution Centre in Huntingwood, Sydney | |
| Formerly |
|
|---|---|
| Company type | Subsidiary |
| Industry | Biscuits Snack food |
| Founded | 1865 |
| Headquarters | North Strathfield, Sydney, New South Wales, Australia |
Area served | Worldwide |
| Products |
|
| Revenue | A$1.04 billion (2018) |
| Parent | KKR |
| Website | arnotts |
Arnott's Group is an Australian producer of biscuits and snack food. Founded in 1865 by William Arnott, the first factory was Arnott's Steam Biscuit Factory in Newcastle, New South Wales. The company undertook several mergers and acquisitions in the 1950s and 1960s, Arnott's was acquired by the Campbell Soup Company in 1997, before being sold to American global private investment company Kohlberg Kravis Roberts (KKR) in 2019, of which it is now a subsidiary. They are the largest producer of biscuits in Australia, and are particularly known for sweet varieties such as Tim Tams, Iced VoVos, and Tiny Teddies, and savoury crackers such as Jatz, Shapes and SAOs.
Scottish immigrant William Arnott opened a bakery in Morpeth, New South Wales in 1847 [1] or 1848. [2] In 1865 he moved to a bakery on Hunter Street, Newcastle, providing bread, pies and biscuits for the townspeople and the ships docking at the local port. [3]
In 1875, Arnott's Steam Biscuit Factory was established in Newcastle and started producing various types of plain and sweet biscuits and cakes. In the 1880s biscuits were sent from the factory to Sydney first by ship, and then later by road. A new factory began operations in Sydney in 1875. [2]
In 1949 it merged with Morrows Pty Ltd, a Brisbane biscuit manufacturer, forming William Arnotts, Morrow Pty Ltd. [4]
In 1950 William Arnott Pty. Ltd. of purchased a half share in Adelaide biscuit manufacturers Motteram & Sons, which in 1952 became known as Arnott Motteram Ltd (or Arnott's-Motteram). [5] [6] [7] Further acquisitions and mergers took place, for a while including Menz Confectionery, with the company renamed Arnott-Motteram-Menz. It later became the Australian Biscuit Company and was eventually renamed Arnott's Biscuits. [7] [8] Other companies absorbed in the mergers included Brockhoff Biscuits, [9] Guest's Biscuits [10] in Victoria, and Mills and Ware in Western Australia. [11]
The Australian Biscuit Company was later renamed Arnott's Biscuits Pty Ltd. [7] [ when? ]
Until 1975 the company was under family control, with the descendants of William Arnott, including Halse Rogers Arnott and Geoffrey H. Arnott, acting as Chairman.[ citation needed ]
In 1997, Arnott's Biscuits was subject to an extortion bid by Queenslander Joy Ellen Thomas, aged 72 years, [12] who allegedly threatened to poison packets of Arnott's Monte Carlo biscuits in South Australia and Victoria. The company conducted a massive recall and publicity campaign, publishing the extortionist's threats and demands in full-page newspaper ads. [13] Thomas was not charged with any offence as the prosecution dropped the case against her because of conflicting evidence. [13] The recall cost the company A$22 million, but Arnott's was praised for its openness and honesty in dealing with the crisis. [14]
In 1997, the Campbell Soup Company of North America, a shareholder of Arnott's since the 1980s, acquired Arnott's in full. Thus, in 1997, Arnott's Biscuits Ltd became a wholly owned subsidiary of the Campbell Soup Company. [15] This caused a significant amount of controversy in Australia, based on the desire for such an Australian icon to remain in Australian hands, and a fear that Campbell's would Americanise the products. [16]
Manufacturing of Arnott's biscuits, however, remained in Australia, and as part of a long-term expansion plan, Arnott's closed its Melbourne factory in September 2002. [17] In the mid-2000s the company stated that it held over 70 per cent of the Australian market, with 97 per cent of Australian homes using its products. [2]
In 2002, Arnott's acquired Snack Foods Limited. [18] In April 2008, Campbell Arnott's sold Arnott's Snackfoods to The Real McCoy Snackfood Co. and the company became known as Snack Brands Australia. [19]
Campbell's put Arnott's up for auction in mid- 2018. [2] In July 2019, Campbell Soup Company agreed to sell Arnott's to Kohlberg Kravis Roberts (KKR), an American private equity group, for $US2.2 billion. [20] [2] [21] Just weeks after the sale, Arnott's was in a public dispute with Woolworths Supermarkets, which reportedly wanted to charge higher prices for marketing displays. [22] In August 2020, the company was renamed Arnott's Group. [23]
In December 2020, Arnott's announced it would acquire the cereal and snack company Freedom Foods Group for A$20 million. [24] In February 2021, Arnott's acquired a 75 per cent stake in Diver Foods. Arnott's established the Good Food Partners division to manage operations from the two acquisitions. [25] In May 2021, Arnott's acquired the New Zealand cracker company 180degrees. [26]
In June 2023, Arnott's opened a new factory in Avondale, New Zealand. It marked the company's return to manufacturing in the country after a 25-year absence. [27] In August 2023, Arnott's opened a 43,000-square-metre (460,000 sq ft) automated distribution centre at its Huntingwood site in Sydney. [28]
As of January 2026 [update] , the Arnott's Group is headquartered in Sydney. Its brands include Campbell's, V8, Messy Monkeys, Freedom Cereals and 180Degrees. The company has more than 4,000 employees across the Asia Pacific region, including in its manufacturing operations in Australia, New Zealand, Malaysia, and Indonesia. [29]
Arnott's produces a wide range of foods, and is particularly known for its biscuits and snack foods. [30] They are the largest producer of biscuits in Australia. [31]
The original Arnott's logo depicted a multi-coloured parrot sitting atop a T-shaped perch, eating a cracker biscuit. During a radio interview on ABC, William Arnott's great-great-great-grandson stated that the logo represents the proverb "Honesty is the best policy" where the phrase was constructed from "On his T, is the best pol' (polly) I see". [32]
Arnott's is [33]
Arnott's are well known in Australia and internationally for producing several quintessentially Australian biscuits. Some of their major products include: