Buderim Group Ltd Information

Health and Plant Protein Group Limited (ASX:HPP) restructured to a public company on 10 October 1989. The company was previously a Co-operative, established in 1941 by five Buderim farmers. It has since expanded to be one of the world’s largest processors, marketers and distributors of macadamia based products. After the sale of the Ginger business on the 30 September 2020, the business rebranded and changed its name from Buderim Group Limited to Health and Plant Protein Group Limited on the 21st December 2020, to align with the business’s focus on health and plant protein categories, anchored by the existing macadamia business. Health and Plant Protein Group Limited is the ultimate parent entity based in Australia, with its main operations currently based in the United States. The company employs over 200 people globally with manufacturing facilities in Captain Cook on the Big Island, Hawaii; and offices in Milton, Queensland and Dana Point, California USA. The Group’s principal activity is being one of the world’s leading processors and marketers of macadamias throughout the United States which is done via our subsidiary MacFarms LLC, based on the Big Island of Hawaii. The Group recently announced a co-investment in Lavva® with S2G Ventures. Health and Plant Protein Group has agreed to acquire up to a 24% interest, and with S2G will have a combined interest of up to 60.5%. This investment is consistent with the Health and Plant Protein Group’s core strategy and enables the group to enter into the high growth plant based yoghurt and milk categories.