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Goodman Fielder
Goodman Fielder
Goodman Fielder
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Goodman Fielder is an Australian[1] manufacturer, marketer and distributor of bread, smallgoods, dairy products, margarine, oil, dressings and various food ingredients. Its main operations are in New Zealand, Australia, Fiji, Papua New Guinea, and New Caledonia, with over 40 manufacturing sites. The company employs over 5,000 people, and has more than 120 brands.

Key Information

History

[edit]

Goodman Group was founded as A.S. Paterson & Co. ltd in Dunedin in 1886 as a general importing firm by Scottish-born businessman and philanthropist Alexander Stronach Paterson.[2] It was listed on the New Zealand Stock Exchange in 1949 and would come to focus mainly on the grocery business. The firm was renamed as Goodman Group in 1979 after Paterson's grandson Alex was ousted as chairman in 1976 by "dissatisfied baking interests".[3]

Goodman Fielder was founded in 1986 after the merger of Allied Mills Ltd and Goodman Group Ltd. Since the merger in 1986, the company has purchased a further 13 companies. The company was taken over by Burns Philp in 2003.[4]

Goodman Fielder was re-listed on the share market at the end of 2005[5] with Burns Philp retaining a 20% share (subsequently sold in 2007). As part of the IPO, New Zealand Dairy Foods brands Meadowfresh, Tararua, Kiwi, Huttons, Anchor Cheese (under licence), Top Hat and Puhoi cheese became part of Goodman Fielder.

The Uncle Tobys and Bluebird snack food businesses of the "original" Goodman Fielder were not included in the float, the former being sold to Nestlé[6] and the latter to PepsiCo.[7]

Chris Delaney, the former Asia Pacific President of Campbell Soup Company, was Goodman Fielder's CEO from 4 July 2011. He resigned following a takeover of the company by Wilmar International and First Pacific joint-venture in March 2015 for $1.3 billion Australian dollars.[8][9]

Goodman Fielder's CEO was Scott Weitemeyer, until the takeover by Wilmar International.[10]

In 2019, Wilmar International acquired First Pacific's 50% share in the company.[11]

Brands

[edit]

The company's brands include:

  • Brasserie Bread [1]
  • Cornwell's[12]
  • Country Life Bakery
  • Cow and Gate
  • Crisco
  • Ernest Adams – a New Zealand bakery brand[13] and part of the Goodman Fielder group of companies,[14][15] its products include cakes, desserts, loaves, biscuits, meringues, cakes, sponges, puddings and tarts.[16] The company was originally called Adams Bruce Limited, with Ernest Alfred Adams in partnership with Christchurch baker Hugh Bruce. The company grew rapidly, with bakeries in Auckland, Wellington, Christchurch, and Dunedin by the time of Bruce's retirement in 1929. Following Bruce's retirement, the company was split, with Adams Bruce operating in the North Island and a new company, Ernest Adams Ltd., taking over the South Island arm of the business. Despite his official retirement, Bruce continued to work for the company as manager of the Christchurch factory until his death in 1939.[17] In 2022 the Ernest Adams brand of baked goods was discontinued.[18]
  • Edmonds
  • ETA
  • Freya's Continental Style Bread
  • Gold'n Canola
  • Helga's Continental Bakehouse
  • Irvines
  • La Famiglia
  • Logicol Archived 20 May 2018 at the Wayback Machine
  • Meadow Fresh
  • MeadowLea
  • Mighty Soft
  • Molenberg Archived 23 August 2016 at the Wayback Machine
  • Mother's Choice
  • Nature's Fresh
  • Noisette [2]
  • Olivani
  • Olive Grove
  • Paradise
  • Pampas
  • Praise
  • Puhoi Valley
  • Quality Bakers – a New Zealand brand of bread products, it is a subsidiary of Goodman Fielder and has bakeries throughout Australia and New Zealand.[19][20][21][22]
  • Tararua
  • Vogel's – a bread based on a recipe by Alfred Vogel
  • White Wings
  • Yoplait (New Zealand only)[23]

Goodman Fielder operate in the dairy, baking and grocery segments of the food manufacturing market, and have a portfolio of retail and food service brands, including Meadow Fresh, Puhoi Valley, Bouton D'or, Tararua, Vogel's, Quality Bakers, Molenberg, Natures Fresh and Meadowlea.

Internationally

[edit]

The company exports many of its products to over 30 countries. Goodman Fielder has four divisions, home ingredients, baking, dairy and commercial fats & oils.

See also

[edit]

References

[edit]
[edit]
Revisions and contributorsEdit on WikipediaRead on Wikipedia

Goodman Fielder

View on Grokipedia
from Grokipedia
Goodman Fielder is a leading regional company headquartered in , , specializing in the manufacturing, marketing, and distribution of a wide array of consumer products including , items, oils, , dressings, sauces, rice, flour, and spreads. It operates across , , , , and , employing over 5,000 people and producing goods in more than 40 plants while distributing to over 30,000 outlets daily. With a portfolio exceeding 120 brands, the company focuses on trusted household names and aims to make everyday better for everyone through quality ingredients and sustainable practices. The company's origins trace back to 1909, when it was established as Geo. Fielder & Co., a milling business in . It expanded through , becoming a in 1951 and growing into one of Australasia's largest food producers by the late 20th century via key integrations like the 1986 merger with to form Goodman Fielder. Significant milestones include its delisting from the Australian Securities Exchange in 2015 following a joint acquisition by and , each taking a 50% stake. In 2019, acquired First Pacific's 50% share, making Goodman Fielder a wholly owned of the Singapore-based giant. Today, it emphasizes , nutrition labeling improvements, and community engagement as part of its commitment to being a force for good in the .

Overview

Company profile

Goodman Fielder is a leading food manufacturing and marketing company specializing in bakery, dairy, spreads, oils, and ingredients, with operations across , , , , and . Formed in through a merger and currently owned by , the company focuses on producing and distributing a diverse range of consumer and foodservice products. Headquartered in , it employs over 5,000 people and operates more than 40 manufacturing sites throughout and the Pacific Islands. The company's product portfolio includes , smallgoods, items, , oils, dressings, and various ingredients, serving both retail and foodservice sectors. Its offerings reach over 90% of Australian households, integrating essential everyday items into daily consumption. The company also demonstrates commitment to and innovation, exemplified by its collaboration with to reduce vinegar content in products while enhancing taste and nutritional profiles.

Ownership and leadership

Goodman Fielder has been wholly owned by , a Singapore-based multinational, since December 2019, when Wilmar acquired the remaining 50% stake from co-owner . This followed an initial joint acquisition by Wilmar and in 2015, which valued the company at approximately A$1.3 billion and led to its delisting from the Australian Securities Exchange (ASX) and New Zealand Exchange (NZX) on March 19, 2015. As a wholly-owned , Goodman Fielder operates within Wilmar's integrated model, benefiting from the parent's global scale in and distribution. The company's governance is overseen by a board that includes key representatives from , ensuring alignment with the parent's strategic priorities in the Asian food sector. , co-founder, Executive Chairman, and CEO of Wilmar International, serves as Chairman of Goodman Fielder, providing direct leadership linkage between the subsidiary and its parent company. This structure emphasizes integration into Wilmar's broader operations, with a focus on sustainable practices and regional synergies in , , and consumer foods. The executive leadership team reports to the board and manages day-to-day operations across , , and the Pacific Islands. Key members include Matt Albion as Managing Director for , responsible for overseeing the core market operations; Phillip Hart as Group , handling financial strategy and reporting; Susan Milne as Chief People Officer, leading and organizational development; and Emily Forsyth as , managing legal and compliance functions. Additional regional leaders include Bernard Duignan as CEO for and Tim Carter as General Manager for , supporting localized execution. Under Wilmar's ownership, Goodman Fielder's strategic direction prioritizes cost efficiencies through integration, leveraging Wilmar's networks for ingredients like oils and grains to reduce procurement costs. This includes optimization of and distribution processes to enhance margins. The focus also extends to regional expansion in the , with emphasis on sustainable growth and portfolio diversification within Wilmar's food division.

History

Origins and formation

The origins of Goodman Fielder trace back to the establishment of A.S. Paterson & Co. in , , in 1886, when Scottish-born businessman Alexander Shand Paterson founded the firm as a wholesale grocery and general merchant operation with branches in , , and . Over the subsequent decades, the company expanded into flour milling and , incorporating family-run and leveraging the Goodman family's involvement; brothers Pat and Peter Goodman joined the business in the mid-20th century, building on their family's small in . By the 1970s, internal developments led to a split between the Paterson and Goodman factions, with Pat Goodman assuming control and renaming the entity the in 1979, solidifying its position in New Zealand's flour milling and sectors through strategic expansions. In parallel, the Australian roots of the company emerged from the founding of Geo. Fielder & Co., a milling business in , in 1909. These early 20th-century milling operations coalesced into Allied Mills Ltd. The firm was incorporated in on October 18, 1949, as an amalgamation of established milling companies including Thorpes Ltd., Mungo Scott Pty Ltd., and Keys & Co. Pty Ltd., creating a dominant player in Australia's processing and production. Allied Mills grew through acquisitions and operational efficiencies, focusing on grain handling and milling facilities across key agricultural regions. Meanwhile, related entities like Fielder Gillespie Davis Ltd. formed in 1983 via a merger with Davis Consolidated Industries Ltd., enhancing capabilities in and . The formation of Goodman Fielder Ltd. occurred in 1986 through the merger of the New Zealand-based and Australian entities Fielder Gillespie Davis Ltd. and Allied Mills Ltd., a consolidation that united leading flour milling and bakery operations across . This strategic alliance, spearheaded by Pat Goodman, established the new company as a major Australasian food processor with immediate dominance in bakery products and flour milling, controlling significant market shares in both countries and setting the stage for regional leadership in essential food staples.

Expansion and mergers

Following its formation in 1986 through the merger of the and Fielder Gillespie Davis, Goodman Fielder pursued aggressive expansion into complementary food sectors, including , spreads, and ingredients, to broaden its portfolio beyond core baking and milling operations. The company acquired key brands such as Meadow Lea, a leading spread, and , a prominent line, which were integrated from pre-merger assets like Allied Mills and strengthened through subsequent operations in and . This diversification was supported by major deals, including the 1987 acquisition of Wattie Industries for frozen and canned foods, the 1992 purchase of Uncle Tobys for cereals, and the 1998 entry into food ingredients via Hormel's edible business under Leiner Davis. By the late , these moves had solidified Goodman Fielder's presence in spreads like and -related products, while the ingredients segment targeted industrial applications such as baking aids. The period also saw significant challenges that tested the company's growth trajectory. In the early , internal board disputes culminated in the resignation of co-founder Patrick Goodman as CEO in 1990 and as chairman in 1992, amid strategic disagreements over expansion pace and management. Additionally, profit margins faced pressure from oversupply in the ingredients market, particularly edible gelatin, following the 1998 acquisition; this led to divestitures, including the sale of much of the ingredients division by 2002 to refocus on consumer brands. Despite these hurdles, Goodman Fielder achieved market dominance, becoming Australasia's largest listed food company by the early with a portfolio exceeding 100 brands across , spreads, and related categories. A pivotal development occurred in 2003 when & Company Limited acquired Goodman Fielder in a hostile takeover valued at approximately A$1.9 billion, integrating it into a larger entity that combined Goodman Fielder's consumer foods with Burns Philp's international yeast and flavors divisions. This transaction, cleared by regulatory bodies including New Zealand's Commerce Commission, enhanced operational scale in while preserving Goodman Fielder's branded focus. By then, the company's revenues had reached A$3 billion, underscoring its regional leadership.

Ownership changes and restructuring

In 2003, Burns Philp & Company Limited acquired full control of Goodman Fielder in a $1.9 billion , marking a significant shift in ownership following earlier operational integrations. This acquisition allowed Burns Philp to consolidate its position in the food sector, though it later pursued restructuring to streamline its portfolio. In 2005, Burns Philp executed an (IPO) that listed approximately 80% of Goodman Fielder on the Australian Securities Exchange (ASX) and Exchange (NZX), raising about A$2.1 billion while retaining a 20% stake. Burns Philp divested its remaining 20% stake in Goodman Fielder in 2007, fully exiting the company as part of broader financial maneuvers to focus on its core and ingredients businesses. This period of ownership transition set the stage for subsequent challenges, including financial pressures that prompted internal restructurings. By , Goodman Fielder reported a net loss of $166.7 million, driven largely by impairments in its baking division and rising input costs, leading to aggressive cost-cutting measures such as factory closures and workforce reductions. To address ongoing losses and refocus on core operations, Goodman Fielder implemented a series of divestitures and efficiency programs throughout the , including the 2012 sale of its Integro edible oils and fats business to for A$140 million, which allowed greater emphasis on and products. These efforts were part of broader restructuring aimed at reducing non-core assets and improving margins amid competitive pressures in the food sector. In 2015, a between and acquired 100% of Goodman Fielder for A$1.3 billion, resulting in its delisting from the ASX and NZX and integrating it into Asian-led operations. In , exercised its pre-emptive rights to acquire First Pacific's 50% stake for approximately US$220 million, gaining full ownership and further embedding Goodman Fielder within Wilmar's food ecosystem. This consolidation facilitated deeper synergies and operational alignments under Wilmar's expertise. Entering the , Goodman Fielder shifted toward recovery, achieving profitability with a net profit of $12.4 million for the year ended December 31, 2024—the first since 2021—bolstered by accelerated efficiencies and cost optimizations.

Operations

Product categories

Goodman Fielder produces a diverse range of products across several core categories, primarily serving consumer and commercial markets in , , and the region. These categories include items, products, spreads and oils, and ingredients, reflecting the company's focus on everyday essentials and specialized solutions. In the category, the company manufactures breads, pastries, frozen pastry products, cake mixes, pies, savouries, and desserts, to both retail consumers and foodservice providers. These products support a wide array of applications, from household baking to professional patisserie needs. The dairy category encompasses , yoghurt, cheese, and , providing fresh and processed options for daily consumption and culinary uses. Spreads and oils include margarines, cooking oils, dressings, condiments, dips, , and sauces, which are formulated for flavor enhancement and cooking versatility in home and commercial settings. Ingredients for industrial and commercial use feature flours, fats, oils, and mixes, enabling large-scale production and . Goodman Fielder's products are segmented into retail consumer goods, sold through supermarkets and route outlets with high household penetration in —particularly in bread and spreads, where the vast majority of households purchase these items regularly—versus foodservice supplies for cafes, restaurants, and institutions, industrial ingredients for manufacturers, and export products to international markets. The company emphasizes innovation in health-focused lines, such as products enriched with added grains and nutrients to improve nutritional profiles and achieve higher star ratings, aligning with demands for better-for-you options.

Manufacturing and facilities

Goodman Fielder operates a network of over 40 plants across , , , , and , supporting the production of its diverse food portfolio. In , the company maintains 12 manufacturing sites nationwide, complemented by its head office in . hosts 12 sites employing around 1,700 people, while and the Pacific region feature 6 sites with 1,200 employees, has 3 production facilities employing about 80 people, and includes specialized operations such as a mill, stockfeed mill, snacks plant, and rice packing facility in . Key facilities include major bakeries in , , and , , which handle large-scale bread and baked goods production. In , dairy processing plants, such as those supporting brands like Meadow Fresh, focus on milk, cream, and related products sourced from operations. Milling operations persist in for production and in through Associated Mills, which recently expanded capacity to meet local demand. The company's emphasizes local agricultural sourcing to ensure freshness and support regional economies, including for and products from Australian and growers, as well as from New Zealand farms via vetted suppliers. networks facilitate daily fresh distribution to over 30,000 outlets across the region, utilizing strategic warehousing and transportation for time-sensitive items like and . Sustainability initiatives in manufacturing target waste reduction, energy efficiency, and emissions cuts, with goals including halving food waste by 2030 across operations and supply chains, achieving 100% renewable electricity by 2025, and reaching net zero emissions by 2040. These efforts involve partnerships, such as with to develop safer ingredients by reducing vinegar, salt, and in dressings and sauces while maintaining taste and microbial safety. Additionally, regenerative agriculture programs promote sustainable sourcing of key commodities like and to enhance and . In 2019, Goodman Fielder faced challenges in its when transitioning truck driver contractors in , leading to disputes over exit payments; the company offered lump sums deemed insufficient by some drivers, prompting legal actions and support for affected parties.

Brands

Australian and New Zealand brands

Goodman Fielder's Australian and brands encompass a range of everyday essentials, emphasizing health-oriented products, convenient baking aids, and fresh items that cater to household needs across these markets. These brands are positioned to deliver quality and accessibility, with a focus on nutritious options like wholegrain breads and probiotic-enhanced dairy, while maintaining strong market leadership in and categories. In , Helga's offers a variety of health breads featuring grains, seeds, and high-fiber formulations designed for consumers seeking nutritious daily staples. Wonder White provides wholemeal and varieties, known for their soft texture and family-friendly appeal, contributing to Goodman Fielder's prominent role in the sector where the company holds a leading position alongside competitors, accounting for a substantial portion of the market; in May 2024, it launched Wonder 5 Star , a gut health-focused range with added nutritional benefits while retaining the classic soft texture. specializes in frozen pastries and sheets, enabling easy home baking for convenience-driven meals. delivers a line of , dressings, and sauces that emphasize fresh flavors for everyday cooking. White Wings includes baking mixes, , and cake bases, supporting simple preparation for home bakers since its origins in self-raising production. In , Vogel's is renowned for its toasted specialty breads, incorporating soya and linseed for a health-focused, hearty option popular for routines. Fresh supplies fresh and products, underscoring Goodman Fielder's significant presence in the domestic market as a key processor and distributor; circa 2024, it introduced Quick Brekkie, a liquid aimed at young families for on-the-go . , under exclusive rights acquired in 2018, offers varieties targeting health benefits and indulgent flavors for on-the-go consumption. Edmonds provides powders, custards, and mixes essential for traditional Kiwi home cooking. Ernest Adams, a legacy brand acquired in 1999, featured cakes and slices until its discontinuation in 2022, leaving a lasting impact on the local sweet treats category. These brands collectively reinforce Goodman Fielder's dominance in products, where it maintains a substantial in .

International and discontinued brands

Goodman Fielder exports a range of its leading food brands from Australia and New Zealand to international markets across Asia, Europe, and Africa, with products tailored to local preferences and transformed into pantry staples for global consumers. The company operates with over 120 brands overall, many focused on categories such as dairy, dressings, frozen goods, spreads, and oils, supported by advanced manufacturing capabilities to meet export demands. In the Asia-Pacific region, emphasis is placed on ingredients like edible oils and margarines, with the Pilot brand—as of 2009—distributed in China, Hong Kong, Indonesia, Singapore, and Malaysia for more than 30 years. In the Pacific Islands, including and , Goodman Fielder maintains a strong presence through localized operations and brands suited to regional tastes. Key examples include , a popular corn-based cheese curl snack enjoyed across generations in these markets; Crest, specializing in products; Tuckers for ; and Lea for spreads. These offerings serve over 4,000 customers via six factories and 1,200 employees in Fiji alone, highlighting the company's adaptation of snacks and consumer foods for Pacific export. Additionally, UHT products under brands like Fresh are targeted for growth in supermarkets and convenience stores. Several notable brands have been discontinued as part of strategic restructuring and supply challenges. The Adams line of baked goods, a staple for over 90 years, was fully ceased in 2022 due to difficulties sourcing raw ingredients amid global disruptions. In 2023, the Irvines and MacKenzie savoury pie brands were discontinued from June, resulting in approximately 90 job losses at production sites in and . The same year, the Edmonds frozen pastry range—including flaky puff, savoury short, and sweet short options—was ended after 125 years. Earlier divestitures included the business, which was sold off in 2003 as a condition of Burns Philp's acquisition of Goodman Fielder to address competition concerns in . The Plantry plant-based food line was also discontinued, with production halted to refocus on core offerings, though the company's commitment to healthier options persists. These changes reflect ongoing portfolio optimization, particularly post-ownership shifts to and in 2015.

Markets and presence

Domestic operations

Goodman Fielder maintains a dominant position in Australia's bread market, where it shares over 40% of the industry share alongside competitor , primarily through its Quality Bakers network that operates bakeries across the country to supply fresh products daily to supermarkets and food outlets. The company also leads in spreads, with brands like MeadowLea as a prominent option in the category, where 99% of Australian households purchase yellow spreads annually. Its operations are concentrated in key urban centers such as , home to the Australian head office, and , supporting a of 1,200 across 12 sites nationwide. In , Goodman Fielder exhibits strength in both and sectors, employing 1,700 people at 12 facilities that produce and distribute high-quality items to ensure nationwide availability. Notable operations include the Puhoi Valley brand, renowned for specialty cheeses made from rich local , alongside baking products distributed regionally through an extensive network of sites. The company's domestic strategies emphasize robust retail partnerships, such as with Woolworths in and in , to secure shelf space and promote products like in-store baked bread. To align with health trends, Goodman Fielder markets reformulated products lower in sugar and sodium while responding to local regulations through the phased rollout of Health Star Ratings on over 3,000 retail items by the end of 2025, enhancing consumer transparency on . In and , this complies with Food Standards guidelines for labeling. Domestic operations in and generate the majority of Goodman Fielder's revenue, estimated at around 95% of total sales, with alone contributing over $1 billion in 2024. Following net losses in 2022 and 2023, the company has prioritized cost efficiencies, including operational streamlining and supply chain optimizations, to achieve its first net profit since 2021 for the fiscal year ending December 31, 2024. In 2025, the company continued to focus on profitability and sustainability initiatives.

International expansion

Goodman Fielder engages in exports to numerous countries across , Europe, and Africa, with a primary focus on ingredients and bakery products destined for Pacific markets including , , and . The company's international division, Goodman Fielder International, supports these activities by distributing over 120 brands, encompassing dairy, dressings, frozen goods, spreads, and oils, leveraging manufacturing capabilities in and to meet regional demands. In the Pacific, operations emphasize local production and supply, such as flour milling and commercial baking in , and poultry, ice cream, and snacks in , serving thousands of customers while also facilitating exports to neighboring islands. Following its acquisition by Wilmar International in 2014, with full ownership achieved in 2019, Goodman Fielder has deepened its integration into the Asia-Pacific supply chain, enabling enhanced supplies of food products to key markets like Singapore and Indonesia. This ownership has facilitated joint ventures in oils and fats processing, building on earlier collaborations such as the 2001 partnership with PT Sinar Meadow International Indonesia for edible oil production. The commercial ingredients division plays a pivotal role in Pacific foodservice, providing bakery fats, flours, and oils to institutions, restaurants, and bakeries, while the company pursues growth in healthier food options tailored for emerging markets through innovation in sustainable and nutrient-focused products. Expansion efforts have faced challenges, including a 2009 Federal Court ruling finding the company guilty of misleading conduct related to claims on its sterol-enriched spreads, which raised ethical concerns and potential reputational risks in international markets. Additionally, adapting to diverse Asian preferences has required centralized strategies to incorporate local consumer trends, such as varying demands for Asian-style foods and sustainable ingredients, ensuring product relevance across the region.

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  71. https://www.afr.com/companies/spreads-beat-the-fat-factor-20001027-kb7i1
  72. https://goodmanfielder.com/brands/puhoi-valley/
  73. https://goodmanfielder.com/sustainability/better-products/help-consumers-make-informed-choices/
  74. https://apps.fas.usda.gov/newgainapi/api/Report/DownloadReportByFileName?fileName=Report_Canberra_Australia_03-25-2004.pdf
  75. https://businessdesk.co.nz/article/primary-sector/the-multibillion-dollar-nz-interests-of-the-worlds-largest-dairy-companies
  76. https://apps.fas.usda.gov/newgainapi/api/Report/DownloadReportByFileName?fileName=Food%2BProcessing%2BIngredients%2BSector%2BReport_Canberra_Australia_11-15-2001.pdf
  77. https://goodmanfielder.com/do-business-with-us/industrial/
  78. https://goodmanfielder.com/do-business-with-us/foodservice/
  79. https://www.smh.com.au/business/companies/goodman-spread-claims-were-pat-20091119-iox7.html
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