Several of Australia s most beloved brands, including FourN Twenty, Nanna s and Herbert Adams, have quietly become foreign-owned, while one favourite has stayed true blue.
Australia’s quintessential pie brands are being sold to a $75 billion Hong Kong private equity firm that already owns Red Rooster, Oporto and The Cheesecake Factory.
Australian football icon Four n Twenty pies will join the likes of Tim Tams, Uncle Tobys, Fosters and RM Williams in being owned by a foreign conglomerate.