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Why Maggie Beer Is Selling 48% Of Her Company For $15,000,000

Posted on Friday May 13, 2016

Maggie Beer Products is famous for its range of gourmet food products including pate, verjuice, ice cream and quince paste (my favourite). Led by celebrity chef icon, Maggie Beer this certainly wasn’t the first time she’s been approached about selling – this pitch/offer came from a company called Primary Opinion which counts former Victorian Premier Jeff Kennett among its shareholders. Maggie and husband Colin, held a 100% stake in their private company turning over more than $20m a year and employing up to 100 people. What’s interesting is they weren’t even looking to sell. As Maggie explains; “Its my name and its my life (and Colin’s). We’ve had so many approaches over the last 10 years but there comes a time when you need extra investment to go to that next level. This time it just feels right”. Primary Opinion..

The post Why Maggie Beer Is Selling 48% Of Her Company For $15,000,000 appeared first on The Industry Pad.


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