Snack Brands Australia
File:Snack Brands Australia logo.png | |
Industry | Food |
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Founded | 1998 (21 years ago) |
Headquarters | , |
Products | Crisps and corn snacks |
Owner | URC Australia Finance Company (a subsidiary of URC) |
Parent | Universal Robina |
Website | snackbrands |
Snack Brands Australia (SBA) is one of the largest suppliers of snack foods in Australia and acts as the main competitor to the long established The Smith's Snackfood Company. The company was formed in August 1998 and is owned by parent company Snack Foods Limited. The company was acquired by Universal Robina Corporation (URC) in 2016.
History
In 1998, The Smith's Snackfood Company was acquired by Frito-Lay (a subsidiary of PepsiCo). Because these were the two largest producers of salty snack foods in Australia, Frito-Lay agreed with the Australian Competition and Consumer Commission (ACCC) to divest a range of brands to ensure adequate competition,[1] including
Additionally, several manufacturing facilities were released including plants in South Australia, New South Wales and Victoria. This package was named 'Snack Brands Australia' and was sold to Dollar Sweets Holdings.
References
- ^ "No intervention in Smiths's sale". accc.gov.au. 21 August 1998. Retrieved 23 November 2019.
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External links
- Snack Brands Australia
- Universal Robina
- Food and drink companies of Australia
- Campbell Soup Company brands
- Australian brands
- Manufacturing companies based in Sydney
- Australian subsidiaries of foreign companies
- Food and drink companies established in 1998
- 1998 establishments in Australia
- Snack food manufacturers of Australia
- Australian snack foods
- 2016 mergers and acquisitions
- Australian company stubs