Foodmach Sold to Staff

- Last updated on GMT

Related tags: Australia

Foodmach, the Australian food and beverage packaging equipment
provider, has said that its employees have taken the opportunity to
share ownership of its materials handling solutions business.

Foodmach, the Australian food and beverage packaging equipment provider, has said that its employees have taken the opportunity to share ownership of its materials handling solutions business.

Formerly a wholly owned subsidiary of the Hunt Group, Foodmach will now function as an 'and staff' business, spreading the rewards of ownership. Previous Foodmach directors Glenn Ford, Dallas Coote, Peter Marks, Murray Grant and Malcom Nurse will head the new management team. The restructure was triggered by the retirement of founder and managing director Ron Bailey who retains a shareholding and will continue to contribute on a consulting basis.

Foodmach will maintain an alliance with SMI, the Italian wrapper and packer manufacturer, through SMI's new Pacific branch.

Foodmach has traditionally specialised in food & beverage packaging systems but its installations are now used by many different bottle, can and fast moving goods manufacturers. "We've already embarked on a process of diversifying our client and product base, which will continue under the new company,"​ said Glenn Ford, director of sales and marketing.

"Amongst materials handling services, Foodmach is unique in the southern hemisphere for its breadth of skill in engineering, software and installation,"​ Ford continued.

"Our people are just as happy integrating machines from various suppliers as they are at making our conveying, palletising and depalletising systems which are amongst the fastest and most reliable in the world. With plenty of work-in-progress and prospects for some further installations, our team are looking forward to doing their best work ever, knowing they will reap the benefits,"​ he concluded.

Foodmach's major clients include ACI, Fosters, Lion Nathan, Orlando Wyndham, SPC Ardmona, Amcor, Simplot, Nestle, Bonlac and Coca-Cola.

Related topics: Processing & Packaging

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