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ARCHER CAPITAL BUYS AUSTRALIA'S 2ND LARGEST BISCUIT MAKER.

AsiaPulse News

| July 03, 2006 | COPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SYDNEY, July 3 Asia Pulse - Australia's second largest biscuit producer, Paradise Food Industries, has been acquired by Sydney-based private equity investment firm Archer Capital for an undisclosed sum.

The Brisbane-based biscuit supplier said the acquisition, finalised on June 30, will allow its Australian heritage to continue.

"This exciting change will allow Paradise to grow and pursue new opportunities - not only for the brand and employees, but for the biscuit ...

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