 | |
| Type | Subsidiary |
|---|---|
| Founded | 1907 |
| Founder | Frederick Augustus Bolles Peters |
| Headquarters | Victoria, Australia |
| Parent | Froneri |
| Website | www |
Peters Ice Cream is an Australian ice cream brand, now a subsidiary of European food firm Froneri. It was originally developed by an expatriate American, Frederick (Fred) Augustus Bolles Peters in 1907, using his mother's recipe.
The company was established in 1907 at Paddington, New South Wales as the Peters' American Delicacy Company. New works to manufacture 'The Health food of a Nation' was opened at neighbouring Redfern in 1923. Business flourished, in 1927 he set up Peters' Arctic Delicacy Co. Ltd in Brisbane and a branch in Newcastle; followed by, in 1929, associated companies were established in Victoria, Western Australia and at Townsville with manufacturing branch at Queensland. Peters was largely responsible for introducing to Australia the small refrigerated cabinet, which he hired out to retailers. The red and cream corporate identity was adopted in New South Wales and Queensland, whilst green and cream were used in Victoria and Western Australia . [1] [2] [3] The hub of the company, in Australia was a food firm known as Petersville Australia Limited, in the Melbourne suburb of Mulgrave, which later became the factory, which remains the production centre for most of its ice-cream products.
The company was taken over by Adelaide Steamship Company (AdSteam) in the late 1980s, and then by Pacific Dunlop (now known as Ansell) upon AdSteam's collapse. Pacific Dunlop sold its food assets in the mid-1990s, and the ice-cream division was acquired by Nestlé, which continued to market brands including Choc-Wedge, Drumstick, and Monaco Bar.
Ownership of a separate Peters Ice Cream business in Western Australia passed as part of Peters and Brownes (PB) Foods to Fonterra in 2006 and to Nestlé in 2009, giving Nestlé nationwide control of the brand. [4] Formerly, Peters in Western Australia exported ice-creams to Japan where it was called Lady Borden, and New Zealand where it was called Tip Top. Since 2009, Peters ice-creams have been trucked into WA from Melbourne, but the former PB Balcatta factory still produces Cadbury ice cream.
In 2012, The Peters Ice Cream business, including its Mulgrave factory, was purchased by Pacific Equity Partners (PEP), [5] [6] with licence to produce sub-brands that were retained by Nestlé, e.g., Drumstick. In May 2014, the European company R&R Ice Cream bought Peters. [7]
On April 19, 2018, the transaction to create Froneri, a joint venture between the owner of R&R Ice Cream, PAI Partners and Nestlé was completed. [8]
Nestlé S.A. is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland. It has been the largest publicly held food company in the world, measured by revenue and other metrics, since 2014. It ranked No. 64 on the Fortune Global 500 in 2017 and No. 33 in the 2016 edition of the Forbes Global 2000 list of the largest public companies.
Drumstick is the brand name, owned by Froneri, a joint venture between Nestlé and PAI Partners, for a variety of frozen dessert-filled ice cream cones sold in the United States, Australia, Canada, Malaysia, Hong Kong, and other countries. The original product was invented by I.C. Parker of the Drumstick Company of Fort Worth, Texas, in 1928.
Edy's Pie is an American brand of chocolate-covered vanilla ice cream bar wrapped in foil. It was the first such dessert sold in the United States. It is marketed by Dreyer's, a division of Froneri.
Fonterra Co-operative Group Limited is a New Zealand multinational publicly traded dairy co-operative owned by around 9,000 New Zealand farmers. The company is responsible for approximately 30% of the world's dairy exports and with revenue exceeding NZ $22 billion, making it New Zealand's largest company. It is the sixth-largest dairy company in the world as of 2022, as well as the largest in the Southern Hemisphere.
Petersville Australia Limited was an Australian food producer.
Häagen-Dazs is an American ice cream brand, established by Reuben and Rose Mattus in The Bronx, New York, in 1960. Starting with only three flavors: vanilla, chocolate, and coffee, the company opened its first retail store in Brooklyn, New York, on November 15, 1976. The Pillsbury food conglomerate bought Häagen-Dazs in 1983, and now the brand is sold worldwide, as cartons, ice cream bars, ice cream cakes, sorbet, frozen yogurt, and gelato.
Maxibon is a brand of ice cream sandwich made by Froneri. It consists of a block of ice cream containing small chocolate chips with one end covered in chocolate, and the other sandwiched between two biscuits.
Dreyer's Grand Ice Cream, Inc. ("Dreyer's"), is an American ice cream company, founded in 1928 in Oakland, California, where its present-day headquarters office remains. The company's two signature brands, Dreyer's Grand Ice Cream and Edy's Grand Ice Cream, are named after its founders, William Dreyer and Joseph Edy. The Dreyer's brand is sold in the Western United States and Texas, while the Edy's brand is sold in the Eastern and Midwestern United States.
Valio Ltd is a Finnish manufacturer of dairy products and one of the largest companies in Finland. Valio's products include cheese, powdered ingredients, butter, yogurt and milk. It is Finland's largest milk processor, producing 85% of the country's milk.
Bulla Dairy Foods is an Australian dairy company that manufactures a national and export range of ice cream, table cream, yoghurt, sour cream, cottage cheese, and imitation cream under various brands. The business was established in 1910 and subsequently became a partnership among three inter-related families, who still continue to own and operate the business. The company's name was established from the origin of place in Victoria, Australia and the business has continued for more than 100 years. Bulla Dairy Foods has expanded internationally, exporting its products to 17 countries, as well as supplying their products nationally within Australia to supermarket retailers. The company employs more than 600 people across three manufacturing sites across Victoria in Colac, Dandenong, and Mulgrave and a head office and distribution centre in Derrimut, Melbourne. In 2015, Bulla Dairy Foods released a new campaign with the tagline "Unfakeable" to emphasise the company's Australian heritage.
Froneri is a global ice cream manufacturer with its headquarters in Leeming Bar, North Yorkshire, England. It is the largest producer of ice cream in Europe by volume, and the second-largest in the world, after Unilever.
Dairy Farmers Pty Ltd, originally established in 1900, whose parent company is Australian-owned Bega Cheese, is distributed mainly in New South Wales and Queensland in Australia. The core products sold under Dairy Farmers brand are fresh milk and UHT "long-life" milk, as well as various other dairy snacks. It supplies products to local and international markets such as Eastern Europe, the Middle East and Asia.
Kapiti Fine Foods Ltd is a New Zealand company that produces dairy products such as cheeses and ice cream. It takes its name from its original site at Lindale on the Kāpiti Coast. It was founded in 1984 and has factories in Palmerston North. It has been owned by Fonterra since 2005.
Mövenpick Ice Cream is a brand of ice cream of Swiss origin produced initially by Nestlé. Since 2016, Froneri - a joint venture between Nestlé and R&R Ice Cream - manufactures it.
Tip Top is an ice cream brand founded in 1936 in Wellington, New Zealand, and now owned by Froneri. It was formerly known as Fonterra Brands Ltd, a subsidiary of the Fonterra Co-operative Group based in Auckland, New Zealand.
Pacific Equity Partners (PEP) is a private equity investment firm focusing on transactions in Australia and New Zealand. PEP invests across a range of industries and sectors and in turnaround and growth capital transactions.
Allen's, earlier A. W. Allen Limited, is an Australian brand of confectionery products produced by Nestlé. Allen's is the top brand of sugar confectionery in Australia. It is best known for Minties, a soft chewable mint-flavoured confectionery, and their varieties of 'Party Mix' lollies.
Pacific Dunlop was a highly diversified Australian conglomerate company that operated in, among other things, the Automotive, textile, electronics and biotechnology industries. Products commercialised included tires, car batteries, cables, clothing, electronics, bedding, condoms.
Frosty Paws, formerly Pet79 and Fido Freeze, is a brand of ice cream, specifically formulated and sold for dogs. It is produced by Nestlé, under their Nestlé Dreyer's Ice Cream Company ice cream unit, branded under the Purina brand name.
The Bega Group is an Australian diversified food and drinks company with manufacturing sites in New South Wales, Queensland, Western Australia and Victoria. Founded as an agricultural cooperative in the town of Bega, New South Wales by their dairy suppliers, it became a public company in 2011 when it listed on the Australian Securities Exchange. Close to half of shares publicly traded are still held by Bega's farmer-suppliers. It is currently one of the largest companies in the dairy sector in Australia, with a base milk supply in 2018 of approximately 750 million litres per annum.
