Annex Foods

Consumer foods

Contract manufacturer founded in 1997 and acquired by Five V Capital in 2021.

Overall

Owned AUS

Rating

About the Ratings

Company Ownership

Annex Foods Pty Ltd

AUS

Openway Food Co

owns 100% of Annex Foods Pty Ltd

AUS

Food group

This private equity backed company acquired three health and functional food businesses within 6 months in 2021, Table of Plenty, Annex Foods and Keep it Cleaner.

Five V Capital Pty Ltd

owns 100% of Openway Food Co

AUS

Private equity firm

Invests in Australian and New Zealand companies, with over $700 million assets under management.

Company Assessment

(Last updated Jan 2025)

Praise Criticism Information

Annex Foods Pty Ltd

Information

Organic products

This company sells products certified organic by ACO.

Source: ACO (2025)

Openway Food Co

Praise

Certified B Corp with score of 83.1

Certified B Corporations, or B Corps, are companies verified by B Lab to meet high standards of social and environmental performance, transparency, and accountability. The B Impact Assessment measures a company's practices and outcomes in five areas: governance, workers, community, the environment, and customers. This company has a B Impact Score of 83.1 and has held B Corp Certification since September 2023. The median score for businesses is 50.9, with a score of 80 required for B Corp Certification.

Source: B Lab (2024)

Five V Capital Pty Ltd

Praise

Certified B Corp with score of 90.9

Certified B Corporations, or B Corps, are companies verified by B Lab to meet high standards of social and environmental performance, transparency, and accountability. The B Impact Assessment measures a company's practices and outcomes in five areas: governance, workers, community, the environment, and customers. This company has a B Impact Score of 90.9 and has held B Corp Certification since February 2021. The median score for businesses is 50.9, with a score of 80 required for B Corp Certification.

Source: B Lab (2024)

Information