PepsiCo acquires Australian seed potato producer Dowling AgriTech

PepsiCo has acquired Australian seed potato business Dowling AgriTech (DAT) in a bid to strengthen its partnerships with potato growers, improve seed supply security and drive innovation, as
Darshana Gupta reports in a news story published by FMCG.

The strategic move deepens the company’s investment in the Apac region’s agriculture value chain and is a commitment to sustainable growth and resilience in the sector.

In Australia, Pepsico produces the Smiths range of potato crisps and other brands, while globally it owns Lays. The acquisition will support PepsiCo’s rollout of a long-term sustainable agronomy strategy across the region.

“This acquisition allows PepsiCo to play a more purposeful role in the seed potato ecosystem, as a long-term partner of choice for seed and chipstock growers in the Asia-Pacific region,” said Colin Matthews, supply chain senior director for PepsiCo Apac.

Source: FMCG. Full story here