Gokongwei devours Snack Brands Australia

Universal Robina, the Gokongwei family’s flagship F&B company, is buying the Australian snack business for $461 million.

Universal Robina has taken another bite out of the Australasian market by snapping up Snack Brands Australia for A$600 million ($461 million), as the Philippine food and beverage giant looks south for new drivers of growth.

¬ Haymarket Media Limited. All rights reserved.

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