Gregg's on the block as Suntory prepares to sell ANZ Cerebos assets

Wed, 19 Apr 2017

By Pattrick Smellie April 19 (BusinessDesk) - Ownership of two of New Zealand's oldest food brands, Gregg's and Raro, is up for grabs as the Japanese owner of the Cerebos businesses in New Zealand and Australia puts them up for sale. Suntory Beverage & Food, a Japan-headquartered global soft drinks company, announced today it would prepare for sale its Australasian food and instant coffee businesses, along with its Singapore-based Asian Home Gourmet food business, in a process expected to take six-to-nine months, according to a statement...

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