Sanchez Group
Property investment
Investor in distressed industrial property assets. The Group's investment portfolio is valued at $100 million with core assets in Sydney and Newcastle. They recently diversified into acquiring operational businesses out of insolvency, which currently includes three confectionery manufacturing companies (Prydes, Betta Foods & Snow's Confectionery) to form one of Australia's largest privately owned confectionery companies.

Overall

Owned AUS
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Sanchez Group Property Pty Ltd
AUS

Company Assessment

Sanchez Group Property Pty Ltd
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Company Details

Type:
Private company
Subsidiaries:
Prydes Confectionery Holdings Pty Ltd
Confectionery manufacturer
Est 1934. Acquired by Australian Sweets in 2006, who went into receivership in 2008. Acquired by Sanchez Group Australia in 2009. Most of their business is contract manufacturing, with clients like Darrell Lea, Metcash/IGA and The Reject Shop.
Snow Confectionery Pty Ltd
Confectionery manufacturer
Australian owned manufacturer and packer of 'private label', 'house brand' and 'branded' sugar and sugar free confectionery. Went into administration in Dec 2010 and subsequently acquired by Sanchez Group Australia.
Betta Foods (Aust) Pty Ltd
Ice cream cones and confectionery
Betta Foods has been operating in Australia since 1954. They have a manufacturing facility in Broadmeadows, Victoria. Acquired by international investment company Re:Capital in Oct 2014 and went into voluntary administration in Jan 2015. Acquired by Prydes Confectionery in Mar 2015.

Contact Details

Address:
3/1 Accolade Ave, Morisset, NSW, 2264, Australia
Phone:
02 4973 5568
Website:
www.sanchezproperty.com.au

Products / Brands

Prydes Confectionery Co
Betta Sweets & Lollies
Capricorn Sweets & Lollies
Prydes Sweets & Lollies
WOW Sweets & Lollies
WOW Mints & Gum