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SPC bets on a fruitful ASX future

Dec 17, 2024 (The Australian Financial Review - ABIX via COMTEX) --

Shares in SPC Global closed at $1.31 on Tuesday, the stock's first day of trading on the Australian stock exchange after raising $2.4m. The iconic fruit processing company issued new shares at $1.50 apiece following a reverse takeover of The Original Juice Company. That deal expanded the group's product range and brands, which include SPC, Ardmona and Goulburn Valley; SPC also struck a deal to acquire the Nature One Dairy infant formula and powdered milk business. SPC's MD Robert Iervasi says the enlarged group will have more bargaining power when negotiating supply deals with Coles and Woolworths..

Publication Date: 18 December 2024

SPC GLOBAL HOLDINGS LIMITED - ASX SPC
THE ORIGINAL JUICE COMPANY LIMITED - ASX OJC
NATURE ONE DAIRY
comtex tracking

COMTEX_460970014/2229/2024-12-17T18:09:50

By Simon Evans

Copyright 2024 Roy Morgan Research. All Rights Reserved.

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