Griffin's to ramp up exports under new ownership, incoming CEO Taylor says

Wed, 23 Jul 2014

By Paul McBeth July 23 (BusinessDesk) - Griffin's Foods, the maker of Gingernuts and Eta brand snacks, plans to lift exports to more than 50 percent of sales within five years by leveraging new owner Universal Robina Corp's links in southeast Asia, says incoming chief executive Alison Taylor. Auckland-based Griffin's was sold to URC for $700 million this week, ending about eight years of ownership by Australian private equity firm Pacific Equity Partners. The company can use URC's networks in Asia to meet growing global demand for New Ze...

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