| Moraitis
Fresh, formed by Nicholas Moraitis with the simple
objective of providing customers with the very best
in quality service, has grown and developed into
Australia's leading fresh produce company.
Operations
include wholesaling, packaging, processing and growing
fresh produce with a branch network and personnel
in all major growing districts and retail markets
throughout Australia. Moraitis Fresh therefore has
the unequalled ability to support the very best
in quality fresh produce to the country's leading
supermarkets, fruit markets and national restaurant
chains.
You
can be assured when you pick up a product with the
Moraitis name, it is the very best that nature has
to offer.
Moraitis Ownership
As at 8 May 2006, the Moraitis Group shareholders divested 49% of the Group to Catalyst Investment Managers (“Catalyst”). Catalyst is one of the leading private equity firms in the Australasian market and manages funds in excess of $500m.
As Moraitis continues to expand in an industry that is reflecting large organic growth, it was felt that there was an opportunity to introduce a partner that could assist the business in achieving its strategic objectives.
Managing Director of the Moraitis Group, Nick Moraitis, when asked about the new partner responded, “Catalyst is one of the most experienced private equity firms in Australia. From the onset there has been an excellent fit between the Moraitis and Catalyst teams. We believe that Catalyst are well placed and hold a great amount of expertise that we can tap into to further grow our business. We look forward to working with Catalyst as we move forward.”
Catalyst members will sit on the Board and assist with the strategic direction of the Moraitis Group. Day to day operations continue to be handled by Nick Moraitis and the Moraitis executive team.
Catalyst was established in 1989 and is fully owned by its senior executive team.
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