Watso let’s not forget that golden circle; a great Aussie company for many years was give no help whatsoever.
The farmers owned it.
Heinz was allowed to take it over very cheaply at the expense of the farmers.
Heinz was keen to grow the business back in 2009.
Then the carbon tax came in.
Heinz keen to grow Golden Circle brand
Heinz Australia has advised that manufacturing job cuts are not on the agenda following the acquisition of Golden Circle in December, as it seeks to strengthen the brand it acquired for $288 million. Golden Circle has around 1000 employees working at their two manufacturing facilities, Northgate in Brisbane and Mill Park in Melbourne.
http://www.ausfoodnews.com.au/2009/03/02/heinz-keen-to-grow-golden-circle-brand.html
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