Manassen Foods is now 75% owned by Chinese food group Bright Food. [source]
In April 2006, CHAMP together with existing Manassen Foods Australia shareholders created a new company, Food Holdings Pty Ltd which acquired Manassen Foods Australia, Great Southern Foods, King Oscar and Hutchinsons New Zealand. The combined entities which will continue to trade as Manassen Foods were merged to form Australia’s leading specialty branded food supplier with over 350 employees and revenues in excess of A$250 million. Private equity company CHAMP owns 51%.