Craig Mostyn Group (CMG) was established in 1923 and since has grown into a diversified food and agribusiness operating out of Australia achieving revenues in excess of $A 420 million in FY2014-15.
CMG now operates in the meat protein, tallow and oils, food services and retail markets. CMG is a market leader in the domestic pork and rendering sectors with strong supply chains and an established export market with a global reach of 60 countries.
Since establishment, CMG has operated under a ‘family ownership’ structure whereby all current shareholders are second, third or fourth-generation family members. CMG understands the value of strong familial ties, has a strong desire to look after its employees and wants to preserve the continuity of this culture for continued and long-term success.
CMG’s forward looking strategy can be summarised as follows:
- geographic diversification of production capabilities into the Eastern seaboard;
- product diversification, to become a significant producer of a protein other than pork;
- continue seeking operational efficiencies whilst growing the business’ earnings via acquisitions and organic growth; and
- value adding of products for retail distribution through proprietary brands