Queensland company Buderim Ginger was the subject of an expected share market raid late on Friday.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Armytage Private, a private equity firm based in Melbourne seized control of a 10% stake in the company, prompting press speculation that a takeover battle could bein the offing.


Armytage Private, an investment manager partly owned by Treasury Group, bought nearly 7% of Buderim Ginger’s shares from the Peanut Company of Australia, reported The Age. It is now the largest shareholder in Buderim, in which it already held a 3% stake.


Buderim issued a profits warning in September as the rising Australian dollar undermined profits.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now