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Goodman Fielder sold

Goldman Fielder’s new owners, Singaporebased Wilmar International and Hong Kong’s First Pacific Company have yet to reveal their plans for their Fiji and Pacific operations. Manufacturer of renowned brands like Meadow Lea margarine and Edmonds baking powder, Goodman Fielder’s operations in the Pacific are located in Fiji, Papua New Guinea and New Caledonia, in addition to New Zealand and its headquarters in Australia. The company website says it employs over 6,000 people in almost 50 plants in Oceania. In Fiji, Goodman Fielder is market leader in the production of frozen chicken through its Crest brand as well as its Tuckers Ice Cream business. Neither its Fiji General Manager Chris Zaayman nor the head of the parent company’s Corporate Office Martin Cole could respond by press time on the new owners’ plans for their Pacific Island operations. The board of Goodman Fielder International had approved in May a takeover bid of AU$1.37 billion from the two Asian companies.

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