Australia's largest honey producer, Capilano Honey, will boost its packing volumes after buying the assets of Victorian honey packer, Chandlers Honey, and reopening its Maryborough facility.
The company, which is one of the largest honey packers in the world, says it will use the acquired assets from Chandlers' Tullamarine site to recommission its facility in Maryborough, Victoria, which stopped operating in 2012.
Capilano had originally planned to sell its site in Richlands in Brisbane and then relocate all of its operations to Maryborough. When the Richlands site failed to sell, however, Capilano instead moved its Maryborough operations to a much smaller site nearby, although it kept the Maryborough plant serviceable as a back-up packing operation.
According to Capilano, its latest acquisition will expand its operational capacity, with its packing volumes expected to increase by around 1,000 tonnes.
The company also said it expects that increased access to honey supply will be achieved through establishing renewed relationships with beekeepers in south-east Australia.
Capilano Honey was founded as a family business in Queensland in 1953 and listed on the ASX in 2012.
