To read the full story and for further information on the study click on the following link:
Thursday, May 1, 2008
Green Poultry
A study by Cranfield University in the United Kingdom has found that poultry is the most environmentally efficient protein. The image below shows the primary energy use and global warming potential of livestock farming.
To read the full story and for further information on the study click on the following link:
To read the full story and for further information on the study click on the following link:
Wednesday, April 16, 2008
New Look Cornfed - Coming Soon
Steggles is about to relaunch it's flagship cornfed product. So if you like your chooks fed with the silver spoon stay logged on to chookchat. The word from the line about the new look cornfed product is: it's gold!Thursday, April 3, 2008
Sale Plucked Following Liquidity Concerns
While a number of parties expressed an interest in purchasing Bartter-Steggles to date the company has not received a suitable offer. Hardly surprising given the current state of the financial markets. Until things significantly recover it is very much business as usual for Bartter-Steggles as it continues to build and grow its national operation.
Monday, March 31, 2008
It's Show Time
The poultry industry is on display at the Royal Easter Show in Sydney with the industry's peak body, the Australian Chicken Meat Federation (ACMF), showcasing meat chickens and egg chickens. For more pictures of the 2008 Royal Easter Show click the following link: http://www.chicken.org.au/page.php?id=200&gallery=Royal%20Easter%20Show%202008
Wednesday, March 26, 2008
It's hard to ride past this news!
One of Steggles national competitors, Ingham, has sold its thoroughbred breeding and racing empire to the ruler of Dubai, Sheik Mohammed bin Rashid al Maktoum. The Sheik is the most influential figure in world breeding and thoroughbred racing today. His successful bid of close to $500 million beat John Singleton and Lloyd Williams offer of $300 million by a couple of lenghts at least. For the full story please visit this link to Crickey:
http://www.crikey.com.au/Media-Arts-and-Sports/20080325-Ingham-sale-sheiks-things-up.html
http://www.crikey.com.au/Media-Arts-and-Sports/20080325-Ingham-sale-sheiks-things-up.html
Monday, March 17, 2008
Chicken rules the roost!
Keep an eye out for this chicken information sheet from Steggles because you can never know enough about what you eat.
Friday, March 7, 2008
Bartter's Winning Beginning
Does anyone know the story of how Bartter began? This is a newpaper cutting from the 1950s when Peter Bartter was recognised for his junior farmer project. Amazing to think that a business that started out with 100 chickens under a light bulb today processes more than 2.4 million chickens every week. I heard someone say the other day that they thought Bartter-Steggles feeds 1/3 of the Australian population every week. That's a lot of chicken!
Bird's Eye View of Beresfield
Have you ever seen Beresfield from the air? This photo of Beresfield was taken last week, would anyone like to see any of the other sites from 10,000 feet?Wednesday, February 27, 2008
Steggles and KFC
The Steggles brand features in the latest KFC
TV commercial. Does anyone remember the
Steggles TV commercials? More meat, less fat.
Steggles chicken, you can't beat that!
Tuesday, February 5, 2008
Steggles Hits San Francisco
The story of the sale has been covered in San Francisco. Click the link below to read more
http://finance.abc7news.com/abc?Account=kgo&GUID=4389775&Page=MediaViewer&ChannelID=5772
http://finance.abc7news.com/abc?Account=kgo&GUID=4389775&Page=MediaViewer&ChannelID=5772
Monday, February 4, 2008
Steggles Tastes Investment in Product Innovation
Sydney, Australia, 4 February 2008. One of Australia's leading poultry producers, Bartter-Steggles, has launched a new fresh chicken product designed to capitalise on the growing consumer trend towards pre-prepared fresh meals.
The launch of its chicken enchiladas product, which is currently available through Woolworths, forms part of the company’s strategy to improve consumer choice when purchasing Australia’s most affordable protein.
The news comes following the company’s significant investment in new product development, which last year saw the successful launch of its new frozen range that included its popular Dinosnacks product.
The Chief Executive of Bartter-Steggles, Geoff Frost, said: “The launch of our Steggles branded chicken enchiladas is part of our fresh business strategy to offer consumers choice when purchasing the country’s most affordable protein.”
“Over the last few years our twin strategies of product innovation and business process improvement have seen the business accelerate its rate of growth,” said Mr Frost.
“We are determined to improve consumer choice when it comes to fresh chicken and turkey meat products and we expect to release another 20 products over the next 18 months.”
The Director of Sales at Bartter-Steggles, Mr Rod Hodgins, said: “Consumers are continuing to demand choice at the meat counter and our chicken enchiladas deliver a fresh and convenient product that is suitable for the whole family.”
“When compared to other proteins, chicken is the market leader when it comes to affordability and we are committed to offering consumers new and exciting ways to enjoy Australia’s favourite white meat.”
The chicken enchiladas offer a quick, easy and tasty meal. They come in a two portion tray pack with Mexican salsa mild spiced chicken wrapped in tortilla, garnished with parsley flakes and shredded cheese.
Bartter-Steggles is one of Australia’s leading poultry producers with more than 4500 employees and operations across Australia. It has a 26% market share of the $2.7 billion chicken and turkey meat industry. Further information on the company can be found at www.bartter.com.au.
The launch of its chicken enchiladas product, which is currently available through Woolworths, forms part of the company’s strategy to improve consumer choice when purchasing Australia’s most affordable protein.
The news comes following the company’s significant investment in new product development, which last year saw the successful launch of its new frozen range that included its popular Dinosnacks product.
The Chief Executive of Bartter-Steggles, Geoff Frost, said: “The launch of our Steggles branded chicken enchiladas is part of our fresh business strategy to offer consumers choice when purchasing the country’s most affordable protein.”
“Over the last few years our twin strategies of product innovation and business process improvement have seen the business accelerate its rate of growth,” said Mr Frost.
“We are determined to improve consumer choice when it comes to fresh chicken and turkey meat products and we expect to release another 20 products over the next 18 months.”
The Director of Sales at Bartter-Steggles, Mr Rod Hodgins, said: “Consumers are continuing to demand choice at the meat counter and our chicken enchiladas deliver a fresh and convenient product that is suitable for the whole family.”
“When compared to other proteins, chicken is the market leader when it comes to affordability and we are committed to offering consumers new and exciting ways to enjoy Australia’s favourite white meat.”
The chicken enchiladas offer a quick, easy and tasty meal. They come in a two portion tray pack with Mexican salsa mild spiced chicken wrapped in tortilla, garnished with parsley flakes and shredded cheese.
Bartter-Steggles is one of Australia’s leading poultry producers with more than 4500 employees and operations across Australia. It has a 26% market share of the $2.7 billion chicken and turkey meat industry. Further information on the company can be found at www.bartter.com.au.
Thursday, January 31, 2008
National Suppiler Forum
A forum is being held tonight for suppliers from across the country. See the press release below:
Sydney, Australia, 31 January 2008. One of Australia's leading poultry producers, Bartter-Steggles, is holding a national supplier forum today in a bid to help drive growth across its business.
The news comes following the release of an Information Memorandum on the company as it seeks to encourage investment to accelerate the growth of the business.
The Chief Executive of Bartter-Steggles, Geoff Frost, said: “This is the first of a series of annual supplier forums will we be hosting to continue to drive improvement and innovation across our iconic business.”
“With a 26% and growing market share of the $2.7 billion chicken and turkey meat industry we are focused on delivering our twin strategies of business process improvement and product innovation and our suppliers are key to our success.”
“We have invested heavily in business improvement during the last 18 months and have delivered $24 million in annualized cost savings for the year to June 2007 and we are looking to our suppliers to follow our led,” said Mr Frost.
“We expect to take another $12.9 million in cost out the business this financial year, which can partly be attributed to the growth partnerships we have formed with a number of our suppliers
“Coupled with our business improvement achievements, with the support of our suppliers we have successfully launched a number of new high growth products in the market and we have a strong product development pipeline with another 20 products set for release over the next 18 months.”
According to Bartter-Steggles, National Procurement Manager, Eugene Visione: “Twelve months ago we launched a strategy to aligned our suppliers with operational excellence business model and it is delivered real benefits.”
“We look to take a partnership approach to our supplier arrangements and have developed a structured, performance focused, supplier management program that delivers growth and benefits both parties,” said Visione.
Sydney, Australia, 31 January 2008. One of Australia's leading poultry producers, Bartter-Steggles, is holding a national supplier forum today in a bid to help drive growth across its business.
The news comes following the release of an Information Memorandum on the company as it seeks to encourage investment to accelerate the growth of the business.
The Chief Executive of Bartter-Steggles, Geoff Frost, said: “This is the first of a series of annual supplier forums will we be hosting to continue to drive improvement and innovation across our iconic business.”
“With a 26% and growing market share of the $2.7 billion chicken and turkey meat industry we are focused on delivering our twin strategies of business process improvement and product innovation and our suppliers are key to our success.”
“We have invested heavily in business improvement during the last 18 months and have delivered $24 million in annualized cost savings for the year to June 2007 and we are looking to our suppliers to follow our led,” said Mr Frost.
“We expect to take another $12.9 million in cost out the business this financial year, which can partly be attributed to the growth partnerships we have formed with a number of our suppliers
“Coupled with our business improvement achievements, with the support of our suppliers we have successfully launched a number of new high growth products in the market and we have a strong product development pipeline with another 20 products set for release over the next 18 months.”
According to Bartter-Steggles, National Procurement Manager, Eugene Visione: “Twelve months ago we launched a strategy to aligned our suppliers with operational excellence business model and it is delivered real benefits.”
“We look to take a partnership approach to our supplier arrangements and have developed a structured, performance focused, supplier management program that delivers growth and benefits both parties,” said Visione.
New Steggles Logo
Steggles has a new logo - it's now a registered trademark.
Looks good enough to eat!
Sale to share market
Did Bartters consider offering the company on the stock market via an Initial Public Offering?
Wednesday, January 30, 2008
Tuesday, January 29, 2008
Sue Mitchell of the Austalian Financial Review reports on the proposed sale of Bartter-Steggles
On 23/1/08 under the headline Bartter Brothers Hatch A Sales Plan Mitchell wrote:
Bartter-Steggles, Australia's second-largest poultry producer, has been put up for sale. The privately-held business, is jointly controlled by brothers Peter and David Bartter, who each own half of the firm. Business valuer Grant Samuel & Associates is due to release an information memorandum this week. Bartter-Steggles has a 26 per cent share of the domestic poultry market - second only to Ingham's Enterprises - and forecast pre-tax earnings this year of A$47 million on sales of A$860 million. The company's chief executive, Geoff Frost, said Bartter-Steggles had achieved A$24million of annualised cost savings in 2007, and forecast at least A$12.9 million in savings this year. Analysts expect the business to sell for between A$300million and A$400 million.
Bartter-Steggles, Australia's second-largest poultry producer, has been put up for sale. The privately-held business, is jointly controlled by brothers Peter and David Bartter, who each own half of the firm. Business valuer Grant Samuel & Associates is due to release an information memorandum this week. Bartter-Steggles has a 26 per cent share of the domestic poultry market - second only to Ingham's Enterprises - and forecast pre-tax earnings this year of A$47 million on sales of A$860 million. The company's chief executive, Geoff Frost, said Bartter-Steggles had achieved A$24million of annualised cost savings in 2007, and forecast at least A$12.9 million in savings this year. Analysts expect the business to sell for between A$300million and A$400 million.
Bartter-Steggles' search for investors attracts wide interest
Poultry producer Bartter-Steggles is seeking investors to acquire or invest in the business to help fund future growth.
Read all about it here
Already the potential sale of the company has attracted wide interest from private equity firms and trade groups in the sector.
Over the past four years, Bartter-Steggles has focused on trends such as healthier eating, pre-prepared meals and product innovation. The company says its product pipeline is strong with a further 20 new products to be released over the next 18 months.
The CEO, Geoff Frost, said the company's experienced management team had continued to drive improvements across the business. The team, he said, remained focused on accelerating earnings growth and taking the business to its next stage of development.
Bartter-Steggles, with a market share of 26%, supplies Coles, Woolworths, Metcash, Franklins, FoodWorks, Lenards, McDonald's, KFC, Red Rooster, Oporto and Nando's.
Read all about it here
Already the potential sale of the company has attracted wide interest from private equity firms and trade groups in the sector.
Over the past four years, Bartter-Steggles has focused on trends such as healthier eating, pre-prepared meals and product innovation. The company says its product pipeline is strong with a further 20 new products to be released over the next 18 months.
The CEO, Geoff Frost, said the company's experienced management team had continued to drive improvements across the business. The team, he said, remained focused on accelerating earnings growth and taking the business to its next stage of development.
Bartter-Steggles, with a market share of 26%, supplies Coles, Woolworths, Metcash, Franklins, FoodWorks, Lenards, McDonald's, KFC, Red Rooster, Oporto and Nando's.
PEP a front-runner for Bartter-Steggles?
Private equity group Pacific Equity Partners has emerged as a potential buyer of the poultry processor, Bartter-Steggles.
Read all about it here
The Financial Review has been unable to obtain comment from PEP but says the purchase would enable PEP to create a fully integrated Australasian poultry operation suppying retailers, wholesalers and fast-food chains.
PEP controls New Zealand's largest poultry producer, Tegel Foods, and is also one of the biggest users of chicken meat in Australia as the franchisor of KFC.
Bartter-Steggles is a family-owned business with annual sales in excess of $800 million.
The AFR floats the idea that Inghams, the market leader in Australia, could also be interested in the company. More than a dozen potential buyers, including private equity and trade players, have shown interest in acquiring the poultry group.
Read all about it here
The Financial Review has been unable to obtain comment from PEP but says the purchase would enable PEP to create a fully integrated Australasian poultry operation suppying retailers, wholesalers and fast-food chains.
PEP controls New Zealand's largest poultry producer, Tegel Foods, and is also one of the biggest users of chicken meat in Australia as the franchisor of KFC.
Bartter-Steggles is a family-owned business with annual sales in excess of $800 million.
The AFR floats the idea that Inghams, the market leader in Australia, could also be interested in the company. More than a dozen potential buyers, including private equity and trade players, have shown interest in acquiring the poultry group.
Adelaide Advertiser reports on interest from private equity firms
The Adelaide Advertiser recently reported on the interest from private equity firms in the sale of Bartter-Steggles. 23/1/08 p 49
More Than A Chook Raffle
ON 23/1/08 John Beveridge of Melbourne's Herald Sun reported on the proposed sale:
Sunraysia Daily: Bartter cackling over buy offer
On 23/1/08 the Sunraysia Daily reported on the proposed Bartter-Steggles sale:
AAP reports on private equity interest in Bartter-Steggles
On 22/1/08 Carrie LaFrenz of the AAP reported on the interest Bartter-Steggles is attracting from private equity firms:
Border Mail Reports on Private Equity Interest
ON 23/1/08 the Border Mail reported on private equity interest in the proposed sale of Bartter-Steggles.
Under the headline 'Egg Scramble' the Mail reported that:
Poultry firm Bartter Enterprises said it had attracted interest from private equity firms and other players in the poultry sector over a planned sale of the company. Bartter said it would release information on January 31.
Under the headline 'Egg Scramble' the Mail reported that:
Poultry firm Bartter Enterprises said it had attracted interest from private equity firms and other players in the poultry sector over a planned sale of the company. Bartter said it would release information on January 31.
Poultry Company on the Lookout for Investors
The Daily Advertiser reported on the proposed sale of Bartter-Steggles on January 23rd, 2008.
Bartter-Steggles seeks investors to accelerate growth
The sale of one of Australia's leading poultry producers, Bartter-Steggles, has attracted interest from private equity firms and trade players from across the sector.
The company has announced intentions to seek investors to acquire or invest in the business to help fund the growth, development and modernization of the business.
Find more details about this story from the Queensland Business Review go here
The company has announced intentions to seek investors to acquire or invest in the business to help fund the growth, development and modernization of the business.
Find more details about this story from the Queensland Business Review go here
Poultry firm Bartter attracts interest
Unlisted poultry firm Bartter Enterprises Pty Ltd says it has attracted interest from both private equity firms and other players in the poultry sector as it looks to sell 100 per cent of its business.
Australia's second largest poultry producer, Bartter owns the Steggles brand, and is looking to become the first Australian family-owned poultry business to be put into private equity hands.
Read all about it here
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