Wednesday, November 20, 2024

The Arnott’s Group expands better-for-you snacking portfolio with NZ brand acquisitions 

The Arnott’s Group is growing its better-for-you snacking portfolio with the acquisition of Mother Earth, Flemings and VP brands from New Zealand-based food manufacturer, Prolife Foods Limited.

Mother Earth is a well-established muesli bar and baked-slice brand in New Zealand with a growing presence in Australia. Flemings and VP are also recognised brands in the New Zealand nutritional snacking market, with product offerings spanning bars, nuts and snack mixes.

This acquisition forms part of the Group’s broader strategy to build a branded better-for-you business, unlock new manufacturing capabilities, and enter new category segments.

Arnott’s Group CEO George Zoghbi.

Arnott’s Group CEO George Zoghbi says the announcement signals the business’ commitment to increasing its presence in better-for-you snacking, giving consumers greater choice across supermarket aisles.

“We recognise the growing demand for nutritious snacks and plan to leverage the Mother Earth, Flemings, and VP brands to support our ambition of becoming a leader in this space.

“The brands will provide us with new platforms for innovation and growth, harnessing our near 160 years of manufacturing and logistics expertise to expand their ranges and distribution,” he said.

“We remain committed to expanding our snacking portfolio beyond biscuits and to investing in manufacturing both in Australia and New Zealand.”

Mother Earth, Flemings, and VP will join The Arnott’s Group’s growing portfolio of better-for-you cereals and snacks, which includes brands like Freedom, Messy Monkey, and Sunsol.

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