Food group Burns Philp has given further indication that it is currently evaluating the future of its snack food business, announcing that it has appointed Deutsche Bank in an advisory capacity.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more


The firm said it had “appointed Deutsche Bank to advise it on its strategic options with respect to the snacks business.”


This comes just one month after the AUS$2.1bln (US$1.58bln) float of its bakery and spreads division, now newly listed as Goodman Fielder.


Burns Philp also sold its yeast and bakery ingredients group and herbs and spices business to Associated British Foods in September 2004.


A possible sale or float now looms for the snack food division, which is 54% owned by Graeme Hart.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The snack foods business includes Uncle Tobys and Bluebird brands.


Following the sale, Burns Philp will have drawn itself back from the brink of collapse in 1996 and reinvented itself as an investment firm, although it did retain a 20% stake in Goodman Fielder.