 | |
| Formerly | SPC Ardmona |
|---|---|
| Predecessors |
|
| Founded | 1917 |
| Parent | SPC Global Limited (2019-current) |
SPC Global Limited, formerly SPC Ardmona, is an Australian-based global agribusiness that specialises in food manufacturing, in particular large fruit processing and packing and owns and operates a factory in Shepparton and is one of the biggest employers in the Goulburn Valley region.
Started in 1917 by a group of fruit growers in Victoria's Goulburn Valley as a cooperative which they named the Shepparton Fruit Preserving Co. Ltd. The company began operations in February 1918, canning pears, peaches and nectarines under the brand name of SPC. SPC was incorporated as a public listed company in 1912, and Ardmona opened in 1921. [1]
SPC Ardmona was formed in 2002 by the merger of the former Shepparton Preserving Company (SPC) and Ardmona. [1]
SPC Ardmona was bought by Coca-Cola Amatil in 2005 for A$750 million. [2] In that time, CCA had also invested about A$250 million in infrastructure, and the Victorian government had provided A$22 million in co-investment. [3]
It acquired IXL and Taylors brands in 2004,. [4] SPCA closed its Mooroopna processing plant in 2011 and its Kyabram factory was sold in 2019. [5] Coca-Cola Amatil sold SPC in 2019 for A$40 million to Shepparton Partners Collective, now known as SPC Global Limited [6] who implemented strategies for global growth. [7]
SPC Global carries the SPC, Goulburn Valley, Ardmona, Provital, Pomlife and Helping Humans brands.
In August 2021, SPC Global mandated COVID-19 vaccinations for all staff, contractors, and visitors becoming the first Australian company to mandate vaccines for all onsite staff and visitors. [8]
Currently, Hussein Rifai is the Chairman of the company. Since 2023, Neil Brimacombe is CEO. [9]
SPC Ardmona lost $25 million in 2013, compared to a $70 million profit 8 years earlier. In 2012, SPCA disposed $100 million of fruit bought under contract because it could not be sold, blaming it on "plummeting" local and export orders. [10] A former Coca-Cola Asia executive, Peter Kelly, went to the company in April 2013 to attempt to turn it around. [10]
In October 2013, SPCA sought A$50 million financial assistance from the Federal and Victorian governments to modernise its operation. It wanted the Victorian Government to match the Federal grant. [11] In early 2014, SPCA sought $25 million of Federal government assistance as part of a plan to upgrade the Shepparton cannery which was rejected. [12] Shortly afterwards however, the Victorian Government announced that $22 million would be provided. [13]
In November 2016, Woolworths ended its contract with SPCA for the supply of tinned tomatoes and would not renew it. However, the five-year deal to provide tinned fruit was ongoing. [14]
In June 2019, it was announced that Coca-Cola Amatil had sold the SPC business to a group called Shepparton Partners Collective, now known as SPC Global Limited, for $40 million. Shepparton Partners Collective was a joint venture between Perma Funds Management, a boutique investment house, and The Eights, a private equity firm. The sale was subject to a four-year deferred payment which, subject to business performance, could generate a further $15 million for Coca-Cola on top of the money paid up-front. [15] As part of the turnaround strategy, the business sold the IXL and Taylors brands with the Kyabram factory in 2019 to a group of farmers and growers in the Goulburn Valley. [16]
In 2021, SPC introduced the manufacturing and distribution of healthy beverages through its new acquisitions of the brand, Helping Humans, and ready to eat meals through, the Kuisine Co. and The Good meal Co.
In the 2020-21 Financial Year, SPC reported a consolidated profit after tax of AUD 11.8 million. In 2021-22 it returned a consolidated profit after tax of AUD 24 million. [9]
The SPC Football Club won the 1945 Goulburn Valley Football Association – Lightning Premiership which was held on the King's Birthday public holiday. [17]
SPC were runners up to Shepparton East in the 1945 Goulburn Valley Football Association grand final. [18]
SPC defeated Numurkah in the 1948 Central Goulburn Valley Football League's seconds grand final. [19] [20] and in 1949 SPC were defeated by Shepparton in the 1949 Central Goulburn Valley Football League's senior football grand final. [21] [22]
SPC merged with Shepparton East in 1950 to form City United, later named the Shepparton United Football Club and entered a senior team in Goulburn Valley Football League.
Henry Jones IXL was a company primarily known as a manufacturer of jams, conserves and sauces in Australia. The brand was owned and its products manufactured by SPC Ardmona from 2004, which was itself owned by Coca-Cola Amatil from February 2005.
The Goulburn Valley is a sub-region, part of the Hume region of the Australian state of Victoria. The sub-region consists of those areas in the catchment of the Goulburn River and other nearby streams, and is part of the Murray-Darling Basin. The Goulburn Valley is bordered on the south by the Great Dividing Range and to the north by the Murray River, the state border with New South Wales. The sub-region is one of Australia's most productive and intensively farmed areas and is predominantly irrigated.
The Kyabram District Football League (KDL) is an Australian rules football league in Victoria. It is made up of 15 teams; the most recent additions include Dookie United in 2018 and Shepparton East in 2019. The KDL is made up of smaller country town football clubs in the Goulburn Valley.
The Ardmona Football Club was an Australian rules football club from the Goulburn Valley town of Ardmona, Victoria, Australia that played in the Kyabram & District Football League. The club has gone in to recess since 2021
Merrigum Football Club is an Australian rules football club based in Merrigum in the Goulburn Valley region, Victoria, Australia. The club is known as The Bulldogs.
Tallygaroopna Football Netball Club is an Australian rules football club that competes in the Kyabram & District Football League.
Undera Football Club is an Australian rules football club located in Undera, Victoria.
The Goulburn Valley Football Netball League is an Australian rules football and netball competition based in the Goulburn Valley region of Victoria, Australia. It is a member of the Victorian Country Football League and has won the Victorian Country Football Championships in 2003 and 2005.
The Dookie United Football Netball Club, known as the "Dooks", is an Australian rules football and netball club playing in the Kyabram District Football Netball League. Dookie United is based in the small Victorian town of Dookie.
The Shepparton East Football Club, now nicknamed the Eagles, is an Australian rules football club playing in the Kyabram District Football League. The club was formerly known as the Bombers.
The Tongala Football Club, nicknamed the Blues, is an Australian rules football club playing in the Murray Football League.
Charlie "Spot" Fisher was an Australian rules footballer in the Victorian Football League (VFL).
The Shepparton United Football Netball Club, nicknamed the Demons, is an Australian rules football and netball based in the city of Shepparton in northern Victoria. The club teams currently compete in the Goulburn Valley League.
The Shepparton Football Netball Club, nicknamed the Bears, is an Australian rules football and netball club in the Goulburn Valley Football League. The Shepparton Bears, a local football team, play their home games at Deakin Reserve, Shepparton's premier football ground. The Bears, once known as the Maroons, are based in Shepparton. They share the ground with the Shepparton United Football Club.
The Mooroopna Football Netball Club, nicknamed the Cats, is an Australian rules football and netball club based in the rural town of Mooroopna, Victoria.
The Shepparton Swans Football Netball Club is an Australian rules football and netball club based in the city of Shepparton in northern Victoria. The club teams currently compete in the Goulburn Valley League.
Pat Dalton was an Australian rules footballer who played with Collingwood and North Melbourne in the Victorian Football League (VFL).
James Henry Lawrence Hovey was an Australian rules footballer who played with Geelong in the Victorian Football League (VFL).
The Goulburn Valley Football Association (GVFA) is an Australian rules football competition that was first established in 1888 in the Goulburn Valley of Victoria, Australia, with the foundation clubs being Cobram, Muckatah, Nathalia, Numurkah, Wunghnu and Yarroweyah.
The Central Goulburn Valley Football League (CGVFL) was established on Monday, 11 March 1946 at the Annual General Meeting of the Goulburn Valley Football Association, when a name change of this Australian rules football competition took place.
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