SPC: Taking on the world
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Description
Food & Drink Business editor Kim Berry catches up with SPC chair Hussein Rifai on the company's local and global growth, food as medicine, and the domestic challenge of building a level playing field for home grown products and imports. We start with the recent news of a $111m raise and how its value was more than financial. Hussein explains that with the investment coming from Australian companies, the value of new perspectives and ideas is amplified because they understand the local culture, economy, and systems the business is operating in. We then turn to a discussion around the company's SPC Care division - its dedicated healthcare nutritional business - which was developed in response to the Royal Commission into Aged Care. Hussein's passion about ensuring the elderly and others with additional needs have quality nutrition is matched by his commitment that the IP developed by SPC can be exported and used around the world. Hussein shares news about talks currently underway to acquire a food company in Spain that will become SPC's base for Europe and North Africa. The episode concludes with a discussion around the uneven playing field when it comes to Australian products and imports on the supermarket shelf, and food security. ------------------------------ The Food & Drink Business Podcast is produced by Southern Skies Media on behalf of Food & Drink Business, owned and published by Yaffa Media. The views of the people featured on this podcast do not necessarily represent the views of Food & Drink Business, Yaffa Media, or the guest's employer. The contents are copyright by Yaffa Media. If you wish to use any of this podcast's audio, please contact Food & Drink Business via their website www.foodanddrinkbusiness.com.au or send an email to [email protected] Host: Kim Berry MC: Grant McHerron Editor: Jayden Wennholz Producer: Steve Visscher Food & Drink Business - © 2022
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