Bellamy's Organic
 Bellamy's Organic
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|
| Subsidiary | |
| Traded as | ASX: BAL |
| Industry | Food & Beverage |
| Founded | Launceston, Tasmania 2003 |
| Headquarters | Launceston, Australia |
|
Number of locations
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4 |
|
Area served
|
Australia, China, Hong Kong, Malaysia, New Zealand, Singapore, Vietnam |
|
Key people
|
Andrew Cohen, CEO; John Ho, Chairman |
| Products | Organic infant formula & Organic food |
| Revenue | A$240.2 million (2017) |
 A$41.20 million (2015) |
|
| Total assets |
A$72.41 million (2015) |
| Total equity |
A$48.91 million (2015) |
|
Number of employees
|
~37 (2017) |
| Parent | Bellamy's Australia |
| Website | bellamysorganic.com.au |
Bellamy's Organic is an Australian organic infant formula and baby food producer, and is a wholly owned subsidiary of Bellamy's Australia (formerly Tasmanian Pure Foods Ltd).
Established in northern Tasmania in 2003, Bellamy's was an early entrant into the organic food market, producing Australia's first organically certified baby food in 2003 and first organic baby formula in 2005. To date Bellamy's is the only Australian-made organic infant formula on the Australian market.
The company was founded by a small group of investors, including the Bellamy family, and was acquired by Tasmanian Pure Foods Ltd in 2007. In June 2014 Tasmanian Pure Foods was renamed Bellamy's Australia. Following a highly successful July 2014 IPO, Bellamy’s Australia Limited (BAL) listed on the (ASX) on 5 August 2014. Heavy trading and a more than 30% rise in initial share price saw the launch of the company deemed an "outstanding success" by financial industry commentators.
Former high-profile CEO and Managing Director Laura McBain was named as the 2013 Telstra Tasmanian Business Woman of the Year, and went on to be named Telstra Business Woman of the Year 2013 (Private and Corporate).
In December 2016 Bellamy's Australia suspended trading of shares following a tumultuous fortnight for the organic group, which had half a billion dollars wiped off its value on Friday, 2nd December.
In April 2017, Bellamy's confirmed acting CEO Andrew Cohen as its permanent chief executive. In June 2016, Cohen, formerly of Bain & Company, was appointed to the role of Chief Operations & Strategic Officer, before being appointed acting CEO in January 2017. The appointment of financial advisor and Acting CFO Nigel Underwood was also finalised in April 2017. Underwood, formerly CFO of transport operator Keolis Downer, was appointed to the role of Acting CFO on in January 2017 and subsequently made permanent in that role in April 2017.
In May 2017, Bellamy's Australia appointed John Ho of Hong Kong-based investment firm Janchor Partners as chairman
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Wikipedia