Which household brands are still Australian owned?
By Michael Duregon
Arnott's, Uncle Tobys, Bushells, Golden Circle — you could be forgiven for thinking these brand were Australian owned.
This morning, it was announced dairy brand Bega would purchase Vegemite from US company Mondelez International and put it back in local hands. It was a reminder that many Australian pantry staples are foreign-owned despite their Aussie roots.
Arnott's - Key products: TimTam, Shapes, Jatz. From its humble beginnings in a Newcastle bakery the biscuit and cracker maker became one of the largest food companies in the Asia-Pacific region. But while the product is still manufactured in Australia, it is owned by US food giant Campbell Soup Company.
Bushells - Key products: Tea and coffee. The brand many Australians associate with tea o'clock and driver-reviver stops is actually owned by British-Dutch company Unilever. But for more than a century it was Australian owned.
Uncle Tobys - Key products: Roll Ups, Cheerios, Le Snak, Oats. The company was sold off in 2006 to Cereal Partners Worldwide (CPW), a joint venture between Nestle and General Mills. CPW headquarters is in Switzerland.
Golden Circle - Key products: Cordial, juice, and tinned fruit and vegetables. Golden Circle is owned by US giant Heinz. It began producing canned pineapple in the 1940s.
Rosella - Key products: Tomato sauce, soup, chutney. Like Vegemite, for a time Rosella was foreign-owned. Despite being founded in Australia in the late 1800s, Rosella was owned by multinational company Unilever for 40 years, until it was sold to local brand Sabrands in 2013.
Published for BringBackAustralia