Cerebos Pacific Explained

Cerebos Pacific Limited
Industry:Food products
Founded:1981
Defunct:2018
Fate:Most assets acquired by Kraft Heinz; Health supplements division was moved to Suntory Beverage & Food Asia Pte. Ltd.
Hq Location:Singapore
Area Served:Asia-Pacific

Cerebos Pacific Limited (CPL) was a company that sold health supplements, food and coffee products across the Asia-Pacific region. In 2018, Kraft Heinz acquired Cerebos from Japan's Suntory Holdings.[1] [2]

History

Cerebos Pacific Limited traces its name back to 1892, when George Weddell decided to mix calcium phosphate with salt and invented dry-pouring salt. The brand name 'Cerebos' was derived from 'Ceres' for the Roman goddess of wheat harvest, and 'os' from the French word for 'bone.'

Cerebos subsequently grew to include a wide range of food products. It acquired Brand & Company in 1959 and later acquired Rank Hovis McDougall (RHM) in 1968.

In 1981, Cerebos Pacific Limited was formed, and in 1982 it acquired all RHM subsidiaries in the Asia-Pacific region.[3] Suntory Holdings later purchased RHM shares in Cerebos Pacific Limited in 1990. In 2012, Cerebos was delisted from SGX and became a wholly owned subsidiary of Suntory until 2018, when its food and coffee division (including the Cerebos brand name in the Asia-Pacific region) was acquired by the Kraft Heinz Company. Suntory subsequently moved the health supplements division (now under Brand's brand name) to Suntory Beverage & Food Asia Pte. Ltd., and CPL was deregistered from the company register of Singapore.[4]

Beginnings (1820s - 1920s)

YearHistory
1820sThe poor health of King George IV inspired a royal chef, Mr. Henderson William Brand, to develop an essence of chicken beverage to boost His Majesty's condition.[5]
1835Mr. Brand commercialised Brand's Essence of Chicken after his retirement.[6]
1873Mrs. Brand passes the business to J J Mason who is joined in partnership by Mr. Thomas Dence.
1887A new factory is built at 72-84 South Lambeth Road, Vauxhall, [London].
1894Cerebos Ltd (UK) is registered.
1897Brand & Co Ltd is registered.
1900sBrand's fame spreads throughout the British Empire.
1920sBrand's Essence of Chicken arrives in Asia.
1925Gregg's operations are consolidated and established at Forth Street, Dunedin, where it continues to operate today.[7]

Eastward expansion (1948 - 1967)

YearHistory
1948Formation of Dominion Salt Limited in New Zealand (Salt Refining).[8]
1953Formation of Cerebos (Australia) Ltd.[9]
1958Formation of Cerebos (New Zealand) Ltd.
1959Brand & Co Ltd, UK is acquired by Cerebos Ltd, UK.
1960Formation of Cerebos (Malaysia) Sdn Bhd.
1964Gregg's Ltd. was formed to become the holding company of W Gregg's & Co and Island Food's Ltd.
1967Whittome Stevenson's name is changed to Cerebos Foods (New Zealand) Ltd.

Consolidation and growth (1968 - 1997)

YearHistory
1968Formation of Cerebos (Singapore) Pte Ltd.
Cerebos Ltd, UK is acquired by Ranks Hovis McDougall PLC.
1969Formation of Cerebos-Skellerup Ltd.[10]
1973Dominion Salt (NI), establishes solar and vacuum salt refineries at Mt Manganui, New Zealand.
1974Formation of Cerebos (Thailand) Ltd.
Formation of Cerebos (Taiwan) Ltd.[11]
1978Formation of Yakult (Singapore) Pte Ltd[12] [Joint Venture with [[Yakult]] Honsha Ltd, Japan].
1981Formation of Cerebos Pacific Limited in Singapore.[13]
1982Cerebos Pacific Limited acquires Ranks Hovis McDougall PLC subsidiaries in the Far East, Australia and New Zealand.
Formation of Cerebos Eastern (Singapore) Pte Ltd.
1983Cerebos Pacific Limited is listed on the Stock Exchange of Singapore.
Cerebos Eastern (Singapore) Pte Ltd becomes a wholly owned subsidiary of Cerebos Pacific Limited.
1984Merger of Gregg's Ltd with Cerebos (New Zealand) Ltd and formation of Cerebos Gregg's Ltd (New Zealand).
Cerebos Gregg's is listed on the New Zealand Stock Exchange.
1985Acquisition of Menu Master Pty Ltd.
1990Cerebos Pacific Limited is acquired by Suntory Holdings Limited.
Suntory purchases Ranks Hovis McDougall PLC's share in Cerebos Pacific Ltd.[14]
Cerebos acquires Robert Harris Tea & Coffee (New Zealand).[15]
1991Cerebos acquires Keri Juices Ltd.
1992Cerebos acquires F Whitlock and Son Ltd.
Cerebos acquires Pizza Hut Singapore Pte Ltd.
1994High Tech Foods (Guangzhou) Ltd was formed in The People's Republic of China.
1995Cerebos acquires Woh Hup Food Industries Pte Ltd.
1996Cerebos acquires Horleys Health.
Divestment of Pizza Hut Singapore Pte Ltd.
1997Cerebos acquires Asian Home Gourmet.
Cerebos acquires Rio Beverages Ltd.[16]

Growth and Kraft Heinz acquisition (1998 - 2018)

YearHistory
1998Cerebos enters a joint venture with Rio Beverages Ltd. of New Zealand.
2002High Tech Foods (Guangzhou) Ltd is renamed Cerebos (Guangzhou) Limited.
Incorporation of PT Cerebos Indonesia.
Completion of sale of Rio Beverages Limited.[17]
Incorporation of Soberec (Thailand) Limited.[18]
Change of name from Cerebos Ingredients Pty Ltd to Riva Coffee Co Pty Ltd.
2003Brand's Museum opens in Thailand.[19]
Sale of Yakult Singapore Pte Ltd.
Brand's Health Museum is set up in Taiwan.[20]
2004Cerebos divests four non-core brands in Australia: – Menu Master, Ocean Supreme, Garden Supreme and Regal Sea.
2005Acquisition of Atomic Coffee Roasters Ltd in New Zealand.[21]
2007Incorporation of Brand's (1835) Limited in Thailand.
Cerebos acquires Amcor Closures Asia Pacific in Philippines, later renamed as CPL Packaging Inc.[22]
2009Cerebos Australia announces its joint venture with Toby's Estate.[23] [24]
Cerebos launches Espresso Mechanics.
2010Launch of Brand's Brain Research Centre in Singapore.[25]
Launch of Brand's manufacturing facility at Pinthong Industrial Estate in Thailand.[26]
Divestment of Brand's Japan Limited.
Official opening of the new roasting facility for Mocopan Coffee at [Victoria], Australia.
2011Toby's Estate opens its first café in Singapore.[27]
2012Opening of new laboratory and research centre at Biopolis, Singapore.[28]
Cerebos Pacific Limited is delisted from the Singapore Stock Exchange and is a wholly owned subsidiary of Suntory Holdings Limited.[29]
2013Voluntary dissolution of Cerebos (Guangzhou) Ltd.
2018Kraft Heinz acquires most of Cerebos Pacific Limited assets from Suntory Holdings Limited. Company deregistered from the company register of Singapore.

Divisions

Health Supplement Division

In Asia, the Health Supplement Division managed Brand's liquid and tablet product ranges for consumers’ health and wellness needs. Other Brain-to-Body Wellness brands include Xu Pei and Hua Tuo. Skin and Beauty Wellness brands. Each of these brands had a wide range of products targeted at different segments. This division was not included in the Kraft Heinz acquisition and instead moved by Suntory to Suntory Beverage & Food Asia Pte. Ltd..

Food & Coffee Division

In Australasia, Cerebos was a sauce, spice and coffee manufacturing organization. Based in Australia, the Food & Coffee Division products included gravies, sauces, pickles, herbs and spices, salt, pepper, food mixes, desserts and toppings, drinks and coffee marketed under brand names including Gravox, Fountain, Saxa and Gregg's.

Cerebos’ coffee products include a variety of fresh coffee and instant coffees, sold under brand names such as Robert Harris, Mocopan, Toby's Estate, Caffe L’affare and Gregg's.[30] Kraft Heinz acquired the instant coffee division and Suntory retained the fresh coffee division which became Suntory Coffee Australia.[31] [32] [33]

See also

Notes and References

  1. Web site: Hartley. Simon. 2018-03-10. Kraft Heinz to buy Cerebos, Asian. 2022-01-06. Otago Daily Times Online News. en.
  2. Web site: 2021-02-17. Kraft Heinz Company Form 10-K. live. 61. https://web.archive.org/web/20210226164944/http://ir.kraftheinzcompany.com/static-files/30b5473e-816d-431c-b703-2ee8e2a10c64 . 2021-02-26 .
  3. Malaysia Productivity Corporation. Analysis of the Business Transformation of Organisations through Innovation. Retrieved June 2, 2015.
  4. Web site: CEREBOS PACIFIC LIMITED (198104186H). 2022-01-06. www.companies.sg.
  5. The Business Times (2004). Let's drink to Your Majesty's good health. Retrieved June 3, 2015.
  6. Yahoo Singapore Trusted by generations for 180 years: From royal beginnings to household trust. Retrieved June 4, 2015.
  7. Gregg's. History. Retrieved June 4, 2015.
  8. Bloomberg. Dominion Salt Ltd. Retrieved June 4, 2015.
  9. Bloomberg. Company overview of Cerebos Australia Ltd. Retrieved June 4, 2015.
  10. Find the Company. Cerebos-Skellerup Ltd. Retrieved June 4, 2015.
  11. Tourism Factory of Taiwan. BRAND'S Health Museum. Retrieved June 5, 2015.
  12. Yakult. Yakult Singapore. Retrieved June 5, 2015.
  13. Cerebos. History. Retrieved May 25, 2015.
  14. Lifestylepedia. Cerebos Pacific Limited. Retrieved June 5, 2015.
  15. Franchise New Zealand. Robert Harris Coffee Roasters. Retrieved June 5, 2015.
  16. Commerce Commission (1997). Merger of Rio Beverages and some Cerebos Gregg’s assets cleared. Retrieved June 5, 2015.
  17. http://www.clavellcapital.com/PDF/ClavellCapital_RepresentativeTransactions.pdf Clavell Capital (page 5). Retrieved June 5, 2015.
  18. Cerebos official website. Media Releases. Retrieved June 5, 2015.
  19. Travel in Changhua. BRAND’S Health Museum. Retrieved June 2, 2015
  20. Travel in Changhua. BRAND’S Health Museum. Retrieved June 2, 2015.
  21. The New Zealand Herald (2005). Atomic spills the beans. Retrieved June 5, 2015.
  22. Cerebos official website. Media Releases. Retrieved June 5, 2015
  23. Share Investor. Cerebos: Incorporation Of Toby's Estate Coffee (Asia) Pte. Ltd. Retrieved June, 2015.
  24. News: Joe . Alan . Women's Health Supplements . 11 December 2023.
  25. Asiaone(2013). Find the essence of success for their brand. Retrieved June 5, 2015.
  26. Web site: 2015-07-25. Pack Web Asia - Singapore birds' nest company invests US$39m in new Thai facility. https://web.archive.org/web/20150725160248/http://packwebasia.com/packaging-business/branding-retail/313-singapore-birds-nest-company-invests-us39m-in-new-thai-facility. dead. 2015-07-25. 2021-03-22.
  27. Toby's Estate. Toby’s Estate Signature Café. Retrieved June 5, 2015.
  28. Cerebos. Media Releases. Retrieved June 5, 2015.
  29. Suntory. Cerebos Pacific Ltd. Retrieved May 25, 2015.
  30. Web site: Suntory Beverage & Food Asia. Suntory.
  31. Web site: Kraft Heinz to acquire food and instant coffee business in Australia. 2022-01-06. www.foodbusinessnews.net. en.
  32. Web site: 2017-10-18 . Kraft Heinz picks up Suntory's Cerebos units . 2023-03-29 . Australian Financial Review . en.
  33. Web site: Hartley . Simon . 2017-10-20 . Kraft Heinz buys Cerebos Greggs factory . 2023-03-29 . Otago Daily Times Online News . en.