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Australia government fund strikes debt-investment deal with Patties Food Group
Yahoo Finance· 2025-11-21 10:39
The Australian government is offering debt financing to Patties Foods Group to help the pie major “modernise” production. According to a statement by the National Reconstruction Fund Corporation (NRFC) Patties will receive A$36m ($23.1m) to add “advanced” manufacturing capabilities. A spokesperson for Four’N Twenty brand owner Patties said the company is putting the investment to work at factories in the Melbourne suburb of Pakenham and in Bairnsdale, a town further east in Victoria. "Patties Food Group ...