SA's Thomas Foods International (TFI) has bought a 50 percent stake in Victorian-based meat processor Frew Group.
The two family-owned businesses announced on Thursday 28 May that they will join forces from July 1 under a new corporate structure in a bid to grow Australia's high quality meat market nationally and internationally.
The Frew Group owns and operates a meat processing facility in Stawell while TFI owns meat processing plants in Tamworth, Lobethal and the soon-to-be-rebuilt Murray Bridge plant while also leading national domestic food and export business, Holco.
The formal partnership will provide an opportunity for second generation meat processing sons, TFI chief executive Darren Thomas (pictured above) and Frew Group managing director Robert Frew, to expand platforms that were built by their respective fathers, Chris Thomas and Arch Frew.
The Frew Group will change its name to Frew International with Darren Thomas joining its board as executive chairman to help guide global growth and future strategy.
Both companies will continue to operate independently.
Photo of Darren Thomas supplied by TFI