Arnott's Group, known for Tim Tam's and other famous biscuits, has acquired three well known Kiwi snack brands, Mother Nature, Flemings, and Value Pack (VP). Photo / arnott's.com
Australian snack food giant Arnott’s Group has acquired three household New Zealand brands to add to its portfolio, Mother Earth, Flemings and Value Pack (VP).
The brands, formerly owned by Prolife Foods Limited, will join the Arnott’s Group’s growing portfolio of better-for-you snacks and cereals.
Arnott’s Group managing director forNZ, Mike Cullerne, said the business was committed to manufacturing locally and taking NZ innovations global.
“It’s great that, in an environment where demand for nutritious snacks continues to rise, we’re able to take three local brands and introduce them to new markets and consumers,” Cullerne said.
Arnott’s, known for its biscuit brands including Tim Tam’s and Farmbake, hopes the acquisitions will push them into the neighbouring snack categories.
The three Prolife brands are currently made in Hamilton and Cullerne confirmed no changes to that were planned.
Their names and branding will not change either, with Arnott’s expecting to leverage their already loyal fans.
Mother Earth is the largest of the three and manufactures a range of muesli bars, baked slices, nuts and nut butters.
Flemings similarly makes a range of muesli bars, while VP offers nuts and snack mixes.
Cullerne said Australia was the logical place to expand the three brands, and using Arnott’s extensive expertise would be key in growing their market share, particularly for distribution.
The Mother Earth brand is particularly exciting for Cullerne as part of Arnott’s wider product offering.
Mother Earth currently has a limited footprint in Australia but doesn’t distribute its entire range.
“Our primary focus at this point would be to expand our Australian business as quickly as possible,” Cullerne said.
He also hinted at the brand’s potential for wider expansion internationally.
While he couldn’t share the cost of the three acquisitions, Cullerne was confident they would add “a pretty significant chunk of revenue” to the Arnott’s business.
Prolife Foods chief executive Andrew Smith shared his pride in his company’s part in growing the three brands.
“Over the past 15 years we have significantly grown the Mother Earth brand into a much loved and recognised snacking brand in New Zealand,” Smith said.
Prolife acquired Mother Earth from Cadbury back in 2008.
“Leveraging the Arnott’s group’s scale and expertise, the brand will now be able to reach more consumers across Australia and beyond.”
Smith said Prolife Foods would continue to support Arnott’s at its Hamilton site while growing its Self Selection business and its vertically integrated Mānuka honey venture.
Prolife Foods was founded by Bernie and Kaye Crosby in 1984. Belgian-owned enterprise Finasucre purchased a significant stake in the business in 2022.
Tom Raynel is a multimedia business journalist for the Herald, covering small business and retail.