On 2 February 2010 Cadbury Australia Pty Ltd became part of the multinational company, Kraft Foods Inc., as Kraft Australia Holdings Pty Ltd.
On 1 October 2012 Kraft Foods Inc. changed its name to Mondelēz International Inc. and Kraft Australia Holdings Pty Ltd became Mondelez Australia Holdings Pty Ltd.
Mondelez Australia Holdings Pty Ltd current directors are:
Simon Edmund Talbot
Gunther Burghardt
Lisa Leanne Keogh
Darren Francis O'Brien
Mauricio Giorgano Ferreira
Amanda Jane Banfield
Karen Yvette Perret (Alternate Director)
All of whom (except the Alternate) state their addresses as being in different streets in Brighton, Victoria.
Its top five shareholders are:
State Street Corp
Vanguard Group Inc
Investco Ltd
Barclays Global Investors UK Holdings Ltd
Trian Fund Management, L.P.
Coca Cola Amatil Limited's subsidiary SPC Ardmona Limited (and SPC Ardmona Operations Limited) also has plans for a $ 200 million company expansion and asked the Abbott Government for a $25 million grant.
Now in government Prime Minister Tony Abbott said no - because it was not the government's job to restructure a particular business and, because he thinks the company's Fair Work-endorsed enterprise agreement is excessive even though workers only receive a 2.5 per cent annual pay rise, all full-time employees receive a modest 28 consecutive days annual leave (inclusive of weekends) and production stream hourly rates for working in a non-air conditioned Shepparton complex range from $24.56 to $32.06.
In 2012 Coca Cola Amatil (Asia - Pacific) made a net profit of $558.4 million and $225.1 million in 2013. The Coca Cola Company reportedly owns a 29 per cent share in Coca Cola Amatil and is represented on the board. Coca Cola Company's net income in 2012 was $9.06 billion.
Coca Cola Amatil Limted's current directors are:
Mr David Michael Gonski, AC
Mr Terry James Davis
Ms Ilana Rachel Atlas
Ms Catherine Michelle Brenner
Mr Anthony (Tony) Grant Froggatt
Mr Martin Jansen
Mr Geoffrey James Kelly
Mr Wallace Macarthur King, AO
Mr David Edward Meiklejohn, A.M.
On 18 February 2014 it is expected that the Coca Cola Amatil board will decide the fate of SPC Ardmona, with some analysts expecting the business will be placed on the market.
So what makes Cadbury Australia so different from SPC Ardmona? What makes it right to help with the restructuring of Cadbury Australia but not SPC Ardmona?
In fact if this is the Coalition's new age of personal responsibility, why on earth did it announce on 3 February that it was also giving Huon Aquaculture Group Pty Ltd $3.5 million so that it too can expand its business?
I rather suspect that there are more people associated with Cadbury Australia who are in or have access to the Coalition old boys network than do those associated with SPC Ardmona.
Starting with the Prime Minister who participates in Pollie Pedal which is co-sponsored by Cadbury.
Perhaps readers might like to explore that issue.
The last word goes to the Federal Liberal MP for Murray, Sharman Stone.
A Liberal backbencher has accused the Prime Minister and the Treasurer of lying about union conditions at SPC Ardmona.
Sharman Stone, the Member for Murray, says the Federal Government is using excuses that are 'wrong' to justify the decision to reject a bid from the northern Victorian food processor for $25 million in assistance.
Union conditions of workers have come under fire from the government for being too extravagant, with pay well above the award.
Dr Stone says leaders of her party are deceiving the public debate.
"It's not the truth. That's right, it's lying," she said.
"The independent panel, their own independent panel, I understand recommended that this industry be supported."......
SPC Ardmona’s point-by-point rebuttal of recent claims here.
* Photograph found on Twitter
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