Burns Philp

Burns Philp

Burns Philp was once a major player in the food manufacturing business. Since its delisting from the Australian Stock Exchange in December 2006 and the subsequent sale of its assets, the company has mainly become a cashed up shell company. It is wholly owned by Graeme Hart's Rank Group.


In April 1883, James Burns and Robert Philp began a trading partnership, originally named the "Burns Philp & Company Limited" [ Douglas, N. and Douglas, N. (1996) "Tourism in the Pacific: Historical factors" in Hall, C.M. and Page, S.J. (eds.) "Tourism in the Pacific: Issues and Cases", London pp. 65-80] . They were the first company to offer tourism to New Guinea, in 1884, advertising the 'New Guinea Excursion Trip' [ "Sydney Morning Herald", 16 February 1884 in Douglas, N. (1994) "Electric Shadows in the South Seas: The Pacific Islands in film" in D. Aoki (ed.) "Moving Images of the Pacific Islands: A Guide to Films and Video", Center for Pacific Island Studies: Honolulu, p. 40] . This consisted of a five week trip from Thursday Island and has been described as the "official beginning of tourist cruises in the South Pacific" [Douglas, N. (1994) 'Electric Shadows in the South Seas: The Pacific Islands in film' in D. Aoki (ed.) "Moving Images of the Pacific Islands: A Guide to Films and Video", Center for Pacific Island Studies: Honolulu, p. 40] . The company later published a book titled "Picturesque Travel".

By 1914 the Burns Philp Tourist Department was established advertising tours on Lord Howe and Norfolk Island. Acquisition of the Port Moresby Hotel occurred in the same year, with the Papua Hotel purchased some years later. Burns Philp "maintained a near monopoly on passenger services to Melanesia until the outbreak of the war in the Pacific". [ Douglas, N. and Douglas, N. (1996) "Tourism in the Pacific: Historical factors" in Hall, C.M. and Page, S.J. (eds.) "Tourism in the Pacific: Issues and Cases", London p. 27] The war saw the British government take over some of the Burns Philp fleet and the vessel "Macdui" was sunk in Port Moresby in 1942 on its first voyage as a troop carrier. [ Buckley, K. and Klugman, K. (1983) "The Australian Presence in the Pacific: Burns Philp 1914-1916", George Allen & Unwin: Sydney]

Burns Philp was once involved in the production and distribution of food ingredients and consumer branded food, beverage and related products. The Group operated internationally with leading products and brands enjoying significant market shares in each of its principal markets. Founding partners in Burns Philp were Sir Robert Philp, twice Premier of Queensland, and Sir James Burns, later a member of the Legislative Council of New South Wales and founder/ benefactor of Burnside Presbyterian Homes for Children.

Its product ranges included packaged bread and other baked goods, snack foods, breakfast cereals, edible oils, and meal components. One of the most significant subsidiaries of the business in terms of profit was Goodman Fielder, Australasia’s largest baker, which was floated in an IPO (initial public offering). In 2007 it sold its remaining 20% stake in Goodman Fielder for NZ$676m.

Since 1997 New Zealand billionaire businessman Graeme Hart has had an interest in Burns Philp. He has been on the Board of Directors since 1997 and Chairman since 2004.

In December 2006 Graeme Hart acquired the remaining 42% of Burns Philp he didn't already own and the company was delisted on 20 December 2006. Following the sale of its yeast and spices business to UK firm Associated British Foods, Uncle Toby's to Nestle for NZ$1.1bn, Bluebird Foods to PepsiCo for NZ$245m, and its NZ$676m 20% stake in Goodman Fielder the company became largely a cashed up shell. Burns Philp is wholly-owned by Mr Hart's private investment company Rank Group Limited.


External links

[http://www.burnsphilp.com.au/ Burns Philp Website]
[http://www.merchant-navy-ships.com/index.php?id=3,0,0,1,0,0 Burns Philp Shipping Company] History

Wikimedia Foundation. 2010.

Look at other dictionaries:

  • Burns Philp — L ancien siège de Burns Philp, construit en 1901 à Sydney. Burns Philp Co., Ltd. est une entreprise australienne fondée en 1882 par James Burns et Robert Philp, commerçants établis à Townsville et Sydney. Grâce à l activisme de ses dirigeants et… …   Wikipédia en Français

  • Burns, Philp and Company — /bɜnz ˈfɪlp/ (say bernz filp) noun an Australian company with major interests in food ingredients and shipping operations, formerly operating also as a wholesale and retail merchant, importer, shipping and general travel agent, steel, glass and… …   Australian English dictionary

  • BURNS, Sir James (1846-1923) — founder of Burns Philp and Co. Ltd and philanthropist the son of David Burns, an Edinburgh merchant, was born near that city on 10 February 1846. He was educated at Newington academy and Edinburgh high school, and at 16 years of age went with an… …   Dictionary of Australian Biography

  • PHILP, Sir Robert (1851-1922) — premier of Queensland was born at Glasgow on 28 December 1851, the second son of John Philp and his wife, Mary Ann Wiley. His father was the proprietor of a lime kiln at Glasgow. Robert Philp was educated at the Anderston Presbyterian Church… …   Dictionary of Australian Biography

  • Burns — /bɜnz/ (say bernz) noun 1. Sir James, 1846–1923, Australian businessman, born in Scotland; with Robert Philp, established Burns, Philp and Co. in 1883. 2. George (born Nathan Birnbaum), 1896–1996, US comic entertainer. 3. Robert (Robbie), 1759–96 …   Australian English dictionary

  • Philp — /fɪlp/ (say filp) noun Sir Robert, 1851–1922, Australian shipping agent and politician, born in Scotland; premier of Qld 1899–1903; 1907–08. Robert Philp emigrated to Brisbane with his family in 1852. He formed his own company of agents and… …   Australian English dictionary

  • James Burns (shipowner) — Sir James Burns, KCMG (10 February 1846 22 August 1923 at Polmont, Stirlingshire, Scotland), was a noted businessman, shipowner and philanthropist in Australia. In particular, he is known as the co founder of Burns Philp and Company, a shipping… …   Wikipedia

  • Robert Philp — Infobox Officeholder honorific prefix = Sir name = Robert Philp honorific suffix = KCMG imagesize = small caption = order = 15th office = Premier of Queensland term start = 17 December 1899 term end = 17 September 1903 deputy = predecessor =… …   Wikipedia

  • Robert Philp — Sir Robert Philp. Sir Robert Philp (28 décembre 1851 17 juin 1922) était un homme d affaires et un homme politique du Queensland en Australie qui a été le quinzième premier ministre du Queensland de décembre 1899 à septembre 1903 et à nouveau à… …   Wikipédia en Français

  • Graeme Hart — (born 1955) is a New Zealand businessman reported to be the richest person in New Zealand with a personal fortune of NZ$6.1 billion [The Kiwi who s richer than Trump, [http://www.nzherald.co.nz/section/3/story.cfm?c id=3 objectid=10496632 NZ… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.