SPC’s Localised Capital Raise: Investing in the Heart of the Goulburn Valley

Hey there, folks! Have you heard the news? SPC Global is launching a capital raise, but here’s the twist – it’s aimed at the local Goulburn Valley community! They want to give the people in the area a chance to invest in a business that’s deeply connected to their roots. How cool is that?

The goal is to raise a whopping $15 to $20 million. That’s no small feat, but SPC Global is up for the challenge. And you know what? They’ve got a pretty impressive track record. Since Shepparton Partners Collective bought SPC for $40 million from Coca-Cola Amatil (now Coca-Cola Europacific Partners), they’ve achieved one of the most successful turnarounds in Australian corporate history. Talk about a comeback!

But let’s not forget where it all began. SPC Global was started by shareholders in the Goulburn Valley back in 2017. And now, they want to give those original shareholders and their families the opportunity to become shareholders once again. It’s all about keeping it in the family, you know?

SPC Global has been making some big moves lately. They rebranded their corporate and Goulburn Valley businesses and even teamed up with ingredients specialist Döhler for a joint venture. And that’s not all! They launched SPC Care, a dedicated nutritional health care company, and acquired ready meal company Kuisine Co to expand their healthcare portfolio. Plus, they’ve entered the better-for-you beverage market with their Helping humans line of canned sparkling waters with active botanicals. And if that wasn’t enough, they’ve also ventured into the frozen snacks category with their Street Eats Mexican style dishes. Is there anything they can’t do?

Of course, no success story is without its share of drama. Just three months after acquiring the business, the managing director Reg Weine was replaced by the chief operating officer Robert Giles. And then, Giles resigned after four years in the role. But hey, they’ve got a new CEO now, Neil Brimacombe, and he’s ready to take SPC Global to new heights.

But wait, there’s more! SPC Global was the first company in Australia to mandate vaccinations for all staff during the pandemic. Talk about leading by example, right?

And let’s not forget about the legal battles. In December 2021, the Federal Full Court dismissed SPC Global’s appeal regarding copyright infringement. It seems they had been using enterprise resource planning software by QAD Inc. without permission. Oops!

But you know what? SPC Global is not one to dwell on the past. They’re looking towards the future, and it’s looking bright. They want to go for high growth and global expansion. They’re aiming to position themselves as a multi-billion-dollar global, high-quality food and beverage company. And guess what? They want the people of the Goulburn Valley to be a part of this incredible journey. They want to provide the locals with the opportunity to be a part of the SPC Global family for generations to come. Now that’s what I call community spirit!

So, how are they going to make all of this happen? Well, they’ve already invested around $140 million in the company since the acquisition. And now, they’re inviting local investors to join in on the action. They’ll be joining an Australian industry pension fund, family offices of key stakeholders, and other investors. Together, they’ll be raising funds for global growth through innovation, channel expansion, and acquisition. It’s all about taking SPC Global to new heights!

And there you have it, folks! SPC Global is on a mission to conquer the world of food and beverages, and they want the people of the Goulburn Valley to be a part of it. So, if you’re in the area and looking to invest, now’s your chance. Get ready to join the SPC Global family and be a part of something truly special. Cheers to the future!