Cerebos Pacific
Cerebos Pacific Limited (CPL) is a company selling health supplements, food and coffee products across the Asia-Pacific region. Listed on the Singapore Exchange Limited (SGX) since 1983, Cerebos was delisted on 14 December 2012 and is now a wholly owned subsidiary of Japan-based Suntory Holdings Limited.[2]
Subsidiary of Suntory Holdings Limited | |
Industry | Food Products Industry |
Founded | 1892, in United Kingdom |
Headquarters | Singapore |
Area served | Asia-Pacific |
Key people | Gen Saito (Group CEO) |
Brands | List of Cerebos' brands |
Number of employees | 2298[1] |
Website | http://www.cerebos.com |
With the corporate headquarters in Singapore, Cerebos provides management services to its subsidiary and associate companies in the Asia-Pacific region. Cerebos offers a variety of products for its consumers in Asia and Australasia, marketed under brand names such as BRAND’S, Gravox, Fountain, Robert Harris, Gregg's, L'affare, Atomic and Toby’s Estate.[3]
History
Cerebos Pacific Limited traces its name back to 1892 when a French chemical engineer decided to mix calcium phosphate with salt and invented dry-pouring salt. The brand name 'Cerebos' was registered - derived from 'Ceres' for the Roman goddess of wheat harvest, and 'os' from the French word for 'bone' that the phosphates in salt strengthen.
Cerebos subsequently grew to include a wide range of food products, acquiring Brand & Company in 1959 but was in turn acquired by Rank Hovis McDougall PLC (RHM) in 1968.
The modern history of Cerebos then begins in 1981 in Singapore when Cerebos Pacific Limited was formed and bought over all RHM subsidiaries in the Far East in 1982.[4] In 1990, Suntory Holdings Limited purchased Rank Hovis McDougall PLC shares in Cerebos Pacific Limited. In 2012, Cerebos was delisted from SGX and became a wholly owned subsidiary of Suntory Holdings Limited.[2]
Beginnings (1820s - 1920s)
Year | History |
---|---|
1820s | The poor health of King George IV inspired a royal chef, Mr. Henderson William Brand, to develop an essence of chicken beverage to boost His Majesty’s condition.[5] |
1835 | Mr. Brand commercialised Brand’s Essence of Chicken after his retirement.[6] |
1873 | Mrs. Brand passes the business to J J Mason who is joined in partnership by Mr. Thomas Dence. |
1887 | New factory is built at 72-84 South Lambeth Road, Vauxhall, [London]. |
1894 | Cerebos Ltd (UK) is registered. |
1897 | Brand & Co Ltd is registered. |
1900s | BRAND'S fame spreads throughout the British Empire.[6] |
1920s | BRAND'S Essence of Chicken arrives in Asia.[6] |
1925 | Gregg's operations are consolidated and established at Forth Street, Dunedin, where it continues to operate today.[7] |
Eastward Expansion (1948 - 1967)
Year | History |
---|---|
1948 | Formation of Dominion Salt Limited in New Zealand (Salt Refining).[8] |
1953 | Formation of Cerebos (Australia) Ltd.[9] |
1958 | Formation of Cerebos (New Zealand) Ltd. |
1959 | Brand & Co Ltd, UK is acquired by Cerebos Ltd, UK. |
1960 | Formation of Cerebos (Malaysia) Sdn Bhd.[4] |
1964 | Gregg's Ltd. is formed to become the holding company of W Gregg's & Co and Island Food's Ltd. |
1967 | Whittome Stevenson’s name is changed to Cerebos Foods (New Zealand) Ltd. |
Consolidation and Growth (1968 - 1997)
Year | History |
---|---|
1968 | Formation of Cerebos (Singapore) Pte Ltd. |
Cerebos Ltd, UK is acquired by Ranks Hovis McDougall PLC. | |
1969 | Formation of Cerebos-Skellerup Ltd.[10] |
1973 | Dominion Salt (NI), establishes solar and vacuum salt refineries at Mt Manganui, New Zealand. |
1974 | Formation of Cerebos (Thailand) Ltd. |
Formation of Cerebos (Taiwan) Ltd.[11] | |
1978 | Formation of Yakult (Singapore) Pte Ltd[12] [Joint Venture with Yakult Honsha Ltd, Japan]. |
1981 | Formation of Cerebos Pacific Limited in Singapore.[3] |
1982 | Cerebos Pacific Limited acquires Ranks Hovis McDougall PLC subsidiaries in the Far East, Australia and New Zealand.[4] |
Formation of Cerebos Eastern (Singapore) Pte Ltd. | |
1983 | Cerebos Pacific Limited is listed on the Stock Exchange of Singapore. |
Cerebos Eastern (Singapore) Pte Ltd becomes a wholly owned subsidiary of Cerebos Pacific Limited. | |
1984 | Merger of Gregg’s Ltd with Cerebos (New Zealand) Ltd and formation of Cerebos Gregg’s Ltd (New Zealand). |
Cerebos Gregg's is listed on the New Zealand Stock Exchange. | |
1985 | Acquisition of Menu Master Pty Ltd. |
1990 | Cerebos Pacific Limited is acquired by Suntory Holdings Limited. |
Suntory purchases Ranks Hovis McDougall PLC’s share in Cerebos Pacific Ltd.[13] | |
Cerebos acquires Robert Harris Tea & Coffee (New Zealand).[14] | |
1991 | Cerebos acquires Keri Juices Ltd. |
1992 | Cerebos acquires F Whitlock and Son Ltd. |
Cerebos acquires Pizza Hut Singapore Pte Ltd. | |
1994 | High Tech Foods (Guangzhou) Ltd was formed in The People’s Republic of China. |
1995 | Cerebos acquires Woh Hup Food Industries Pte Ltd. |
1996 | Cerebos acquires Horleys Health. |
Divestment of Pizza Hut Singapore Pte Ltd. | |
1997 | Cerebos acquires Asian Home Gourmet. |
Cerebos acquires Rio Beverages Ltd.[15] | |
Sustainable Growth (1998 - present)
Year | History |
---|---|
1998 | Cerebos enters a joint venture with Rio Beverages Ltd. of New Zealand. |
2002 | High Tech Foods (Guangzhou) Ltd is renamed Cerebos (Guangzhou) Limited. |
Incorporation of PT Cerebos Indonesia. | |
Completion of sale of Rio Beverages Limited.[16] | |
Incorporation of Soberec (Thailand) Limited.[17] | |
Change of name from Cerebos Ingredients Pty Ltd to Riva Coffee Co Pty Ltd. | |
2003 | BRAND’S Museum opens in Thailand.[18] |
Sale of Yakult Singapore Pte Ltd. | |
BRAND’S Health Museum is set up in Taiwan.[19] | |
2004 | Cerebos divests four non-core brands in Australia: – Menu Master, Ocean Supreme, Garden Supreme and Regal Sea. |
2005 | Acquisition of Atomic Coffee Roasters Ltd in New Zealand.[20] |
2007 | Incorporation of BRAND'S (1835) Limited in Thailand. |
Cerebos acquires Amcor Closures Asia Pacific in Philippines, later renamed as CPL Packaging Inc.[21] | |
2009 | Cerebos Australia announces its joint venture with Toby's Estate.[22] |
Cerebos launches Espresso Mechanics. | |
2010 | Launch of BRAND’S Brain Research Centre in Singapore.[23] |
Launch of BRAND’S manufacturing facility at Pinthong Industrial Estate in Thailand.[24] | |
Divestment of BRAND’S Japan Limited. | |
Official opening of the new roasting facility for Mocopan Coffee at [Victoria], Australia. | |
2011 | Toby’s Estate opens its first café in Singapore.[25] |
2012 | Opening of new laboratory and research centre at Biopolis, Singapore.[26] |
Cerebos Pacific Limited is delisted from the Singapore Stock Exchange and is a wholly owned subsidiary of Suntory Holdings Limited.[2] | |
2013 | Voluntary dissolution of Cerebos (Guangzhou) Ltd. |
Corporate Governance
In Cerebos Pacific Limited, the Board of Directors is responsible for the success of the company and is accountable to the shareholders while the Management is accountable to the Board. The Chairman of the board is Hong Sik Park, and the members consist of Gen Saito, Nobuhiro Tori, Manabu Seki and Hideo Tsujimura.[27]
Divisions, Brands and Markets
Health Supplement Division
In Asia, the Health Supplement Division manages BRAND’S liquid and tablet product ranges for consumers’ health and wellness needs. Other Brain-to-Body Wellness brands include Xu Pei and Hua Tuo. Skin and Beauty Wellness brands. Each of these brands has a wide range of products targeted at different segments.
Food & Coffee Division
In Australasia, Cerebos is a sauce, spice and coffee manufacturing organisation. Based in Australia, the Food & Coffee Division products include gravies, sauces, pickles, herbs and spices, salt, pepper, food mixes, desserts and toppings, drinks and coffee marketed under brand names including Gravox, Fountain, Saxa and Gregg’s.
Cerebos’ coffee products include a variety of fresh coffee and instant coffees, sold under brand names such as Robert Harris, Mocopan, Toby’s Estate, Caffe L’affare and Gregg’s.[28]
References
- Cerebos Inaugural Sustainability Report. Cerebos Sustainability Performance Scorecard. Retrieved May 11, 2015.
- Suntory. Cerebos Pacific Ltd. Retrieved May 25, 2015.
- Cerebos. History. Retrieved May 25, 2015.
- Malaysia Productivity Corporation. Analysis of the Business Transformation of Organisations through Innovation. Archived December 24, 2012, at the Wayback Machine Retrieved June 2, 2015.
- The Business Times (2004). Let's drink to Your Majesty's good health. Retrieved June 3, 2015.
- Yahoo Singapore Trusted by generations for 180 years: From royal beginnings to household trust. Retrieved June 4, 2015.
- Gregg's. History. Archived July 8, 2015, at the Wayback Machine Retrieved June 4, 2015.
- Bloomberg. Dominion Salt Ltd. Retrieved June 4, 2015.
- Bloomberg. Company overview of Cerebos Australia Ltd. Retrieved June 4, 2015.
- Find the Company. Cerebos-Skellerup Ltd. Retrieved June 4, 2015.
- Tourism Factory of Taiwan. BRAND'S Health Museum. Retrieved June 5, 2015.
- Yakult. Yakult Singapore. Retrieved June 5, 2015.
- Lifestylepedia. Cerebos Pacific Limited. Archived 2015-07-24 at the Wayback Machine Retrieved June 5, 2015.
- Franchise New Zealand. Robert Harris Coffee Roasters. Retrieved June 5, 2015.
- Commerce Commission (1997). Merger of Rio Beverages and some Cerebos Gregg’s assets cleared. Retrieved June 5, 2015.
- Clavell Capital (page 5). Retrieved June 5, 2015.
- Cerebos official website. Media Releases. Retrieved June 5, 2015.
- Travel in Changhua. BRAND’S Health Museum. Retrieved June 2, 2015
- Travel in Changhua. BRAND’S Health Museum. Retrieved June 2, 2015.
- The New Zealand Herald (2005). Atomic spills the beans. Retrieved June 5, 2015.
- Cerebos official website. Media Releases. Retrieved June 5, 2015
- Share Investor. Cerebos: Incorporation Of Toby's Estate Coffee (Asia) Pte. Ltd. Retrieved June , 2015.
- Asiaone(2013). Find the essence of success for their brand. Archived 2015-08-11 at the Wayback Machine Retrieved June 5, 2015.
- PackWebasia. (2010). Singapore birds’ nest company invests US$39m in new Thai facility. Archived 2015-07-25 at the Wayback Machine Retrieved June 3, 2015.
- Toby's Estate. Toby’s Estate Signature Café. Retrieved June 5, 2015.
- Cerebos. Media Releases. Retrieved June 5, 2015.
- Cerebos. Board of Directors. Retrieved May 25, 2015.
- "Suntory Beverage & Food Asia". Suntory.