PURE FOODS TASMANIA ORD
Pure Foods Tasmania Completes Acquisition of Elato Ice Cream and Appoints Founder to Lead New Division
Pure Foods Tasmania (ASX: PFT) has completed its acquisition of the Elato Ice Cream brand following an all-scrip transaction, and has also confirmed the creation of a dedicated Ice Cream Division that integrates Elato with The Cashew Creamery.
Pure Foods Tasmania Expands Coles Distribution as Turnaround Strategy Gains Traction
Pure Foods Tasmania (ASX: PFT) has achieved a major milestone in its turnaround strategy, with its Tasmanian Pâté brand now ranged in approximately 700 Coles supermarkets nationwide. The expanded distribution more than doubles the brand’s previous footprint of 300 stores, with initial September orders exceeding ten times the monthly volumes recorded between June and August. Executive […]
Pure Foods Tasmania Completes $1.76m Capital Raising to Support Growth Strategy
Pure Foods Tasmania (ASX: PFT) has successfully completed a strongly oversubscribed capital raising that brought in $1.76 million, exceeding the original $1.36m target. The placement included $610,000 from directors and saw all participants agree to a 12-month voluntary escrow, underscoring confidence in the company’s recovery strategy. Alongside the raise, shareholders converted $1.19m in loans to […]
Pure Foods Tasmania executes growth strategy with acquisition of Daly Potato Company
Pure Foods Tasmania (ASX: PFT) is actioning its charted growth strategy, revealing plans to buy the business and assets of Daly Potato Company for $1.8 million. The company listed on the ASX in April after raising $3.5 million through a public offer with funds intended to acquire synergistic or complementary food and beverage businesses in […]
