Monday, 20th March 2017
17 March 2017,
M&A Partners are pleased to announce that Kadac Pty Ltd (“Kadac or the Company’) has been
sold to New Development Corporation Pty Ltd, an Australian subsidiary of a diversified consumer
Kadac is Australia’s largest specialised distributor of health, nutritional and wellbeing products
to specialty health food stores, independent grocery stores and major supermarkets.
New Development Co, with global expertise in the areas of product sourcing, logistics, and
distribution, will be able to forge new opportunities for Kadac’s suppliers and brand partners in
the important Asian markets.
In November 2016, the Kadac board appointed M&A Partners, a Melbourne based corporate
advisory firm, to undertake a share sale and capital raising process to identify a new cornerstone
partner for Kadac that could not only bring capital to expand the business but generate
export opportunities for its suppliers in China and throughout Asian markets.
Antony Lynch from M&A Partners commented: “There was considerable interest in the Kadac
business from investors and trade buyers and the board determined that New Development Co
offered a compelling proposition for the business and its key stakeholders.”
The core values of Kadac – identifying and distributing the highest quality organic and health &
wellness products from Australia and throughout the world, – remains the key focus of the
M&A Partners Pty Ltd ACN 134 540 828 AFSL 333092
Level 4, 164 Flinders Lane, Melbourne VIC 3000
Kadac is Australia’s largest specialised distributor of health, nutritional and wellbeing products to specialty health food, stores, independent grocery stores and major supermarkets. The business has been operating for over 40 years and distributes over 3,500 SKU’s to over 2,000 customers and 6,000 stores nationally with a focus on all natural, chemical free and organic products sourced from Australia and around the world. It represents some of the leading local and international brands including Bragg, Lakewood, Simply 7, Lifestream, etc. Kadac also distributes products under its own brands including Lotus, Natures First Organics, Ambrosia Honey and Global Organics.
For further information please contact:
Mobile: 0419 919 722