News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Submit content

My Account

Advertise with us

The Snack Factory goes Fore Good

The Fore Good Investment Group has recently acquired a majority share in the “The Snack Factory” brand adding it to its fast moving consumer goods (FMCG) portfolio. The other subsidiaries under the Fore Good stable include MeriBrands (the exclusive distributor for Canderel and Equal in southern Africa), Stirrr and the Harding Group.

The Snack Factory brand launched 15 years ago and has a range of savoury snack products in the ground nut, specialty nut, packaged popcorn and corn segments. Fore Good will continue to outsource production to the current Hazard Analysis and Critical Control Points (HACCP) approved manufacturer headed up by Craig Lowenthal.

Craig Clemence heads up the Snack Factory brand for Fore Good and says, “We are planning on strengthening resources and increasing investment into the brand. Besides a strategy that will focus on integrated sales, key business development and a marketing programme which aligns the brand to retailer and consumer demand, activities will also include accelerating national distribution, sales and merchandising.”

“From a marketing and brand perspective, the acquisition is a great opportunity to take advantage of consumer demand for more wholesome alternatives that meet their needs of on-the-go and healthier snacking,” says Jason Frichol, Group Brand Strategist at the Fore Good Investment Group. “It is the group's philosophy to strategically invest in partnerships and ventures that stimulate brands and create captive markets. We're looking forward to The Snack Factory emulating the success of our other brands.”

About ActivRetail

The strategic partnership between ActivRetail and BizCommunity offers the best news of its kind to the retail industry. In a strategic positioning agreement, ActivRetail and Retail.Bizcommunity have created an association by bringing a joint offering to this sector in terms of news, information, research, services and product news. This creates the best mix of media, business and trade services to stakeholders within this vibrant industry. Please continue to submit news and updates to editor@fmcg.co.za. Or visit:ActivRetail
Let's do Biz