What is this?
Openway
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.

Overall

Owned AUS
Rating A
About the Ratings

Company Ownership

Openway Food Co
AUS
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 Nov 2024)
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
Community support
This company supports the community initiatives of the Starlight Children's Foundation and Sydney Store Factory.
Source: company website (2021)
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Company Details

Type:
Private company
Founded:
2021
Subsidiaries:
Metro Food Co Pty Ltd
Health foods
Founded in 2017 and acquired by Five V Capital in 2021.
Table of Plenty
Cereals and spices
Established in Melbourne by Kate Weiss in 2006. Acquired by Five V Capital in 2021.
Annex Foods Pty Ltd
Consumer foods
Contract manufacturer founded in 1997 and acquired by Five V Capital in 2021.

Contact Details

Address:
114-116 Fairbank Rd, Clayton South, VIC, 3169, Australia
Website:
www.openwayfood.com.au

Products / Brands

Openway
Keep it Cleaner Health Foods
Keep it Cleaner Sports Nutrition
Red Tractor Health Foods
Red Tractor Muesli & Oats
Table of Plenty Rice/Corn Cakes
Table of Plenty Herbs & Spices
Table of Plenty Probiotic Milk/Kefir