NEW VENTURE FOR VIP PETFOODS FOUNDER

NEW VENTURE FOR VIP PETFOODS FOUNDER

VIP Petfoods founder Tony Quinn (pictured) will soon venture into the world of confectionary and take a back seat in his $300 million a year manufacturing business on the Gold Coast.

The 54-year-old has indicated that a new challenge will see him slowly phase out of VIP Petfoods, which has become the second largest petfood business in Australia with 600 staff employed across eight factories.

“It’s important for the business to continue on its march that I step outside. I would have never believed it 10 years ago, but you get exhausted,” he says.

While Quinn will retain ownership of VIP Petfoods, his five family members will stay on in various management roles in the company.

“I’m looking at pursuing opportunities in the confectionary world and going up against Nestle and Mars,” he says.

While it’s too early to release details, Quinn hinted it could mean a return to primary industry in New Zealand, where the idea for VIP was hatched more than 20 years ago.

Read the exclusive interview with Quinn in Gold Coast Business News – out now in more than 500 newsagents.

Get our daily business news

Sign up to our free email news updates.

 
Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

‘Arrogant, not listening, not fast enough’: Former Star CEO reveals NSW casino regulator’s gripes

‘Arrogant, not listening, not fast enough’: Former Star CEO reveals NSW casino regulator’s gripes

The Star Entertainment Group's (ASX: SGR) former CEO Robbie Coo...

Australia's answer to MTV reality hit Jersey Shore to be filmed in Cairns

Australia's answer to MTV reality hit Jersey Shore to be filmed in Cairns

The hit international reality MTV franchise that produced Jersey Sh...

Abu Dhabi fund ADQ buys 49pc stake in infrastructure investor Plenary for $1 billion

Abu Dhabi fund ADQ buys 49pc stake in infrastructure investor Plenary for $1 billion

Abu Dhabi-based sovereign wealth fund ADQ has reached a deal to buy...

State pouring $30m into Great Keppel Island after Rinehart backs out of resort plans

State pouring $30m into Great Keppel Island after Rinehart backs out of resort plans

The Queensland Government is injecting $30 million into an upgrade ...