NEW VENTURE FOR VIP PETFOODS FOUNDER

Written on the 14 October 2011

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.


Latest News

SLATER AND GORDON TAKES SPOTLESS TO COURT

SPOTLESS Group (ASX: SPO) has been hit by a class action launched by Slater and Gordon (ASX: SGH) in the Federal C...

ANSELL'S SHARE PRICE SWELLS AFTER SALE OF CONDOM BUSINESS

IT'S one of Australia's most successful and enduring manufacturing success stories and the Ansell condom busi...

TOPSHOP GOES INTO ADMINISTRATION AMID VOLATILE RETAIL MARKET

TOPSHOP has become the latest in a string of retailers blasted by the volatile retail market, as the iconic fashio...

SIGMA'S SHARE PRICE TAKES A BATTERING AS IT LAUNCHES LEGAL ACTION OVER SUPPLY DEAL

SIGMA Healthcare (ASX: SIG) has taken the MyChemist and Chemist Warehouse chains to court to demand they continue to ...

Related News

SLATER AND GORDON TAKES SPOTLESS TO COURT

SPOTLESS Group (ASX: SPO) has been hit by a class action launched by Slater and Gordon (ASX: SGH) in the Federal C...

TOPSHOP GOES INTO ADMINISTRATION AMID VOLATILE RETAIL MARKET

TOPSHOP has become the latest in a string of retailers blasted by the volatile retail market, as the iconic fashio...

SIGMA'S SHARE PRICE TAKES A BATTERING AS IT LAUNCHES LEGAL ACTION OVER SUPPLY DEAL

SIGMA Healthcare (ASX: SIG) has taken the MyChemist and Chemist Warehouse chains to court to demand they continue to ...

REGIONAL BANKS HIT OUT AT RATING CUT AND WARN BIG FOUR WILL BENEFIT

REGIONAL banks have hit out at a downgrade on their credit ratings, warning that it will increase their wholesale fun...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter