Sale of Buderim Group Limited’s leading ginger division
Buderim Group Limited’s ginger division is Australia’s leading processor and vendor of confectionary ginger products. The group’s foundations are built on assuring the finest product quality and its operations include the ownership and operation of the Ginger Factory, a highly renowned tourism attraction located on Queensland’s Sunshine Coast.
The Buderim Group’s leadership team engaged BDO’s M&A team as lead M&A adviser to facilitate the sale of its ginger division. The sale would enable the group to achieve its strategic ambitions and maintain a clear focus towards expanding its current market-leading position in the branded macadamia product market as its foundation in the health and plant based protein foods category.
The Buderim Group received and carefully considered numerous competing proposals. With the support of BDO, the group completed the sale to one of the most respected families in the Queensland food industry.
Following approval at the 2020 Annual General Meeting, Buderim Group Limited has changed its name to Health and Plant Protein Group Limited, effective from commencement of trading on Thursday 24 December 2020.