Pure Foods Tasmania Ltd
Pure Foods Tasmania Ltd is an Australia-based company engaged in food and beverage businesses.
The business
Pure Foods Tasmania Ltd is an Australia-based company engaged in food and beverage businesses. The Company's segments include Food and Corporate and other. The Company's suite of brands and businesses includes Woodbridge Smokehouse, Tasmanian Pate, Daly Potato Co, and New Pastures. Woodbridge Smokehouse produces smoked Ocean Trout and Atlantic Salmon. Tasmanian Pate produces a range of premium pates that meet the tastes of customers selecting its products. Daly Potato Co grows potatoes on the pristine Southeast Coast of Tasmania. New Pastures is focused on providing plant-based products, such as Oat Milk Melt, Tasty Cashew Wheel, Greek Almond Crumble, Smoked Mature Oat Wedge, and Oat & Coconut Spread. The Company’s Ice Cream Division is a multi-brand platform in the dairy and plant-based frozen desserts category.
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Latest news
Pure Foods Tasmania Expands Coles Distribution as Turnaround Strategy Gains Traction
Pure Foods Tasmania (ASX: PFT) has achieved a major milestone in its turnaround strategy, with its Tasmanian Pâté brand now ranged in approximately 700 Coles supermarkets nationwide. The expanded distribution more than doubles the brand’s previous footprint of 300 stores, with initial September orders exceeding ten times the monthly volumes recorded between June and August. Executive […]
Pure Foods Tasmania Completes $1.76m Capital Raising to Support Growth Strategy
Pure Foods Tasmania (ASX: PFT) has successfully completed a strongly oversubscribed capital raising that brought in $1.76 million, exceeding the original $1.36m target. The placement included $610,000 from directors and saw all participants agree to a 12-month voluntary escrow, underscoring confidence in the company’s recovery strategy. Alongside the raise, shareholders converted $1.19m in loans to […]
Pure Foods Tasmania executes growth strategy with acquisition of Daly Potato Company
Pure Foods Tasmania (ASX: PFT) is actioning its charted growth strategy, revealing plans to buy the business and assets of Daly Potato Company for $1.8 million. The company listed on the ASX in April after raising $3.5 million through a public offer with funds intended to acquire synergistic or complementary food and beverage businesses in […]
Pure Foods Tasmania makes ASX debut after successfully raising $3.5 million
Pure Foods Tasmania will make its debut on the Australian stock exchange today after raising $3.5 million through a public offer and finalising a takeover by Bunji Corporation (ASX: BCL). The public offer sought to raise a minimum of $3 million and was able to accept over subscriptions of up to $500,000. It closed with […]
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