The National Reconstruction Fund Corporation (NRFC) has made a $45 million debt investment in iconic Australian food manufacturer The Arnott’s Group as part of a $1.75 billion financing package obtained by the company. NRFC funding will be used to refinance existing debt, which enables Arnott’s to improve its advanced manufacturing capabilities.
About The Arnott’s Group
Arnott’s is a market-leading company with a history that dates back to 1865. It produces Tim Tam biscuits and other popular food brands.
Investment impact
Adding value in the agricultural sector
NRFC funding will support the company to adapt its production lines and ensure that they are future ready.
Building Australia’s manufacturing capability
The NRFC’s investment will help Arnott’s to expand production, improve its advanced manufacturing facilities and create Tim Tam biscuits for export around the world.
Supporting Australian jobs
The Arnott’s Group currently employs over 2,500 Australian workers across five facilities.