Ricegrowers Limited

Australian public company

Ricegrowers Limited, trading as SunRice,[6] is claimed to be the "world's fifth largest ricefood exporter",[7] and have historically been one of Australia's largest exporters of processed branded food products.[8]

Ricegrowers Limited
Public
Traded asSGLLV on the Australian Securities Exchange
IndustryFood and Beverage Manufacturing
Founded1950[1]
FounderNSW Rice farmers[2]
HeadquartersLeeton, Australia
Key people
Laurie Arthur, Chairman
Rob Gordon, CEO[3]
ProductsBulk Rice, Rice Products
Increase A$1.1 billion (2017)[4]
Number of employees
2,200 [5]
Websitewww.sunrice.com

SunRice's main production is still based in regional New South Wales, Australia, with a main office in Leeton, and Rice Mills in the New South Wales towns of Leeton, Deniliquin, and Coleambally (with the Coleambally mill operational again after being temporarily "moth balled" during the last major Australian drought[9]). RunRice also operates CopRice stockfeed plants in Leeton and Tongala, Victoria.

Ebro proposalEdit

In October 2010 SunRice announced it had begun talking with a Spanish food company called Ebro Foods about buying SunRice for $600 million (Australian dollars).[10][11] The Ebro bid failed when the shareholders voted against it on the 31st May 2011.[12][13]

ReferencesEdit

  1. Doak, Emily (18 June 2007). "SunRice lists". ABC Rural. Australian Broadcasting Corporation. Retrieved 26 October 2010.
  2. "The SunRice Story". SunRice Australia. Archived from the original on 21 November 2010. Retrieved 26 October 2010.
  3. "SunRice Board Profiles". Retrieved 21 May 2021.
  4. "SunRice Financial Performance". Archived from the original on 2018-03-13. Retrieved 2021-05-21.
  5. 2017 Annual Report (PDF). SunRice. 2017. Archived from the original (PDF) on 2018-03-25. Retrieved 2021-05-21.
  6. "Shareholders & Growers". SunRice Australia. Archived from the original on 25 October 2010. Retrieved 26 October 2010.
  7. "Marketing & Export". Ricegrowers' Association of Australia. Archived from the original on 18 February 2011. Retrieved 26 October 2010.
  8. "Statute Law (Miscellaneous Provisions) Bill" (PDF). New South Wales Parliament. Archived from the original (PDF) on 17 March 2011. Retrieved 26 October 2010.
  9. "Rice mill back in business". ABC Rural. Australian Broadcasting Corporation. Retrieved 13 January 2013.
  10. Pattison, Talia (26 October 2010). "Buy out worries". The Irrigator. Archived from the original on 14 April 2011. Retrieved 26 October 2010.
  11. Herbert, Bronwyn (22 October 2010). "Spanish food giant set to gobble up Australia's Sunrice". AM. Australian Broadcasting Corporation. Retrieved 26 October 2010.
  12. Main, Andrew (31 May 2011). "SunRice shareholders vote against Ebro Rice takeover offer". The Australian. Retrieved 11 January 2011.
  13. AGENCIES (2 May 2011). "Ebro unfazed by SunRice rejection of takeover bid". The Australian. Retrieved 11 January 2011.

Other websitesEdit