Leslie Massey
SPC Global Limited, formerly SPC Ardmona, is an Australian-based agribusiness specialising in food manufacturing. It was started in 1917 by a group of fruit growers in Victoria's Goulburn Valley and began operations in 1918. SPC was incorporated as a public listed company in 1919 and has since become one of the biggest employers in the Goulburn Valley region. In 2005, SPC Ardmona was bought by Coca-Cola Amatil for A$750 million. However, in 2019, Coca-Cola Amatil sold the SPC business to a group called Shepparton Partners Collective, now known as SPC Global Limited, for $40 million. Despite changes in ownership, SPC has always been committed to supporting the Australian economy and manufacturing industry, with 90% of its ingredients sourced locally.
| Characteristics | Values |
|---|---|
| Current ownership | Owned by a group called Shepparton Partners Collective, now known as SPC Global Limited |
| Previous ownership | Coca-Cola Amatil |
| Headquarters | Shepparton, Australia |
| Year founded | 1917 |
| Year began operations | 1918 |
| Year became public listed company | 1919 |
| Year acquired by Coca-Cola Amatil | 2005 |
| Year sold by Coca-Cola Amatil | 2019 |
| Year merged with Original Juice Company and Nature One Dairy | 2024 |
| Current CEO | Neil Brimacombe |
| Current Chairman | Hussein Rifai |
| Ingredients sourced from Australia | 90% |
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What You'll Learn
SPC is Australian-owned and made
The company was initially called the Shepparton Fruit Preserving Co. Ltd., and it began canning pears, peaches, and nectarines under the brand name SPC. Over the years, SPC has expanded its product range to include iconic Aussie snacks such as baked beans and spaghetti, as well as stone fruits, tomatoes, and fruit cups.
In 2019, SPC was sold by Coca-Cola Amatil to a private equity-owned group called Shepparton Partners Collective (now SPC Global Limited) for $40 million. This sale was part of a turnaround strategy to revive the business, which had faced financial struggles under Coca-Cola Amatil ownership.
SPC is committed to supporting the Australian economy and manufacturing industry. They source 90% of their ingredients locally and work closely with Australian growers to ensure their products contain the highest-quality Australian fruit.
In 2024, SPC merged with two other Australian-owned food and beverage businesses, The Original Juice Company and Nature One Dairy, to form a $400 million global food and beverage company called SPC Global. This merger expanded SPC's export plans and allowed them to bring their products to a global market while continuing to support Australian producers.
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SPC Global Limited
The company was started in 1917 by a group of fruit growers in Victoria's Goulburn Valley, who formed a cooperative named the Shepparton Fruit Preserving Co. Ltd. The company began operations in February 1918, canning pears, peaches, and nectarines under the brand name SPC. It was incorporated as a public listed company in 1919, and in 1921, it opened a new facility in Ardmona. In 2002, the Shepparton Preserving Company (SPC) and Ardmona merged to form SPC Ardmona, which was then bought by Coca-Cola Amatil in 2005 for A$750 million.
However, under Coca-Cola Amatil's ownership, SPC Ardmona faced significant financial struggles. In 2019, Coca-Cola Amatil sold the business to a group called Shepparton Partners Collective, now known as SPC Global Limited, for $40 million. This sale was part of a turnaround strategy, which included the sale of the IXL and Taylors brands, along with the Kyabram factory, to a group of farmers and growers in the Goulburn Valley.
In 2024, SPC Global merged with the Original Juice Company and Nature One Dairy, adopting the trading name SPC Global, and relisted on the ASX after a 20-year absence. This merger created a leading Australian food and beverage company, carrying well-known brands such as SPC, Goulburn Valley, Ardmona, Provital, and Pomlife.
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Coca-Cola Amatil ownership
SPC Global Limited, formerly known as SPC Ardmona, is an Australian-based agribusiness that specialises in food manufacturing. It was bought by Coca-Cola Amatil in 2005 for A$750 million. Coca-Cola Amatil, on the other hand, was an Australian company that started out more than a century ago selling cigarettes. Over the years, it has diversified its offerings and bought stakes in other local companies. In 2013, a former Coca-Cola Asia executive, Peter Kelly, joined SPC Ardmona in an attempt to turn around the company's financial struggles under Coca-Cola Amatil ownership.
Coca-Cola Amatil itself was partly owned by the US Coca-Cola parent company, which held a controlling stake. The rest of the ownership was made up of a range of shareholders on the ASX. In 2021, Coca-Cola Amatil was sold to Coca-Cola European Partners (CCEP), a British multinational bottling company and the world's largest independent Coca-Cola bottler by net revenue, for $9.8 billion. This sale was approved by shareholders, who received a substantial payday from the transaction.
Following the acquisition, Coca-Cola European Partners changed its name to Coca-Cola Europacific Partners to reflect its expanded geographic scope. Coca-Cola Amatil's sale to a European company was seen by some as a loss of a local company to offshore interests. However, others viewed it as part of the natural evolution and consolidation of product control in the industry.
In June 2019, Coca-Cola Amatil sold the SPC business to a group called Shepparton Partners Collective, now known as SPC Global Limited, for $40 million. This sale included a four-year deferred payment that could generate an additional $15 million for Coca-Cola, depending on business performance. With this sale, SPC returned to Australian ownership, and Coca-Cola Amatil exited the business it had acquired 14 years prior.
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SPC Global expansion
SPC Global Limited, formerly SPC Ardmona, is an Australian-based global agribusiness specialising in food manufacturing. SPC was started in 1917 by a group of fruit growers in Victoria's Goulburn Valley as a cooperative 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.
In 2005, Coca-Cola Amatil bought SPC Ardmona for A$750 million. However, under Coca-Cola Amatil ownership, the company faced significant financial struggles. In 2019, Coca-Cola Amatil sold the SPC business to a group called Shepparton Partners Collective, now known as SPC Global Limited, for $40 million.
SPC Global has since expanded rapidly through strategic acquisitions, including Pomlife, Kuisine, and Good Meal Co. In 2024, SPC merged with the Original Juice Company and Nature One Dairy, under the new trading name SPC Global, with Robert Iervasi as Managing Director. Through a backdoor listing, SPC Global relisted on the ASX in December 2024 after a 20-year absence with the ticker of SPG.
SPC Global is now a global leader in agribusiness, delivering a diverse portfolio of high-quality branded products to markets across Australia, New Zealand, the USA, New Territories (China), and the Asia-Pacific region. SPC Global is committed to becoming a global leader in the food and beverage industry, offering innovative, healthy food options to consumers across the globe. Headquartered in Melbourne, Victoria, SPC Global has manufacturing facilities across Australia and Thailand and corporate offices in Singapore and Vietnam.
SPC Global's expansion strategy has been driven by operational excellence, sustainability, and a vision to create value for all its stakeholders. The company has established various programs and continues to work with local growers to source local partners that can provide this produce in the future. SPC Global is committed to better food for the future and has been proudly feeding Australian families for over 100 years.
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SPC's community work
SPC, or The Pacific Community, is the principal scientific and technical organization supporting development in the Pacific region. SPC works to serve the people of the Pacific in reaching their sustainable development goals and aspirations. SPC's work is guided by four key goals:
- All Pacific people benefit from sustainable development.
- All Pacific communities and cultures are empowered and resilient.
- All Pacific people reach their full potential and live long and healthy lives.
- SPC delivers integrated programs through streamlined services.
SPC is committed to transforming and adapting as an institution to respond to the unique and evolving priorities of its members, including addressing the ongoing impacts of the COVID-19 pandemic.
SPC's work areas include governance, strategic planning, history, procurement, accountability, grants, careers, and various regional offices. SPC also has a strong focus on resilience and climate action, natural resources and biodiversity, food systems, equity, education, and social development.
SPC's work has been recognized internationally, with the organization's Director General winning a global award for putting science and technology in Pacific hands. Additionally, the Fiji Prime Minister has supported SPC by breaking ground for a new facility, strengthening regional collaboration and job opportunities.
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Frequently asked questions
Yes, SPC is Australian owned and operated. It was founded in 1917 by a group of fruit growers in Victoria's Goulburn Valley and began operations in 1918.
No, SPC was bought by Coca-Cola Amatil in 2005 for A$750 million. In 2019, Coca-Cola Amatil sold SPC to a private equity-owned group called Shepparton Partners Collective for $40 million.
Yes, SPC Global is Australian owned. It was formed in 2024 when three Australian-owned food and beverage businesses merged: SPC, Nature One Dairy, and The Original Juice Company.
