Maggie Beer Holdings (ASX:MBH)
The mission of Maggie Beer Holdings (ASX:MBH) is to be a leader in matching the high expectations of consumers for new, high quality food and beverage experiences to the behavioural changes the Company sees.
This strategic direction informs the Company's structure, where individual premium products or brands can focus on what each do best without limiting the broader group’s business trajectory.
Recently the Group acquired the remaining 52% share of Maggie Beer Products, having initially acquired 48% share in July 2016. MBP’s premium food business is based in the Barossa in South Australia. It produces a range of premium food products under the “Maggie Beer” brand, both through its own manufacturing capabilities and third-party contract manufacturers.
In December 2017, the acquisition of the South Australian-based biodynamic organic dairy business, B.-d. Farm Paris Creek, further strengthened the Company’s position in the sector.
In August 2018, the Group continued to expand its portfolio of brands having acquired Melbourne-based premium dairy business Saint David Dairy, known for its single source milk and also its yoghurt, cream and award winning butter.