Buderim Group Limited Acquires Royal Hawaiian Orchards
Acquisition Positions Buderim Group Limited As Global Leader and Largest Retail Marketer of Macadamia Nuts in Continental U.S.
Dana Point, Calif. – March 21, 2018 – Buderim Group Limited today completed the acquisition of Royal Hawaiian Orchards™, the macadamia nut brand by Royal Hawaiian Macadamia Nut, Inc. (RH0, LP), and merged it with retail macadamia nut brand, MacFarms. The merge poises Buderim to become the largest marketer of macadamia nuts in the continental U.S. Currently, Royal Hawaiian Orchards and Buderim are Hawaii’s largest and second largest macadamia nut orchard owners, respectively, and are responsible for more than 65 percent of macadamia nut production in the U.S. combined.
“This transformational acquisition creates a platform for us to become a global leader in macadamia nut snacks,” said Andrew Bond, chief executive officer at Buderim Group Limited. “Leading the U.S. market – where there is significant growth potential for this healthy, nutrient-rich snack – will help us lay the groundwork for making our macadamia nuts a household staple across the world.”
A “Fresh From Hawaii” brand, MacFarms produces snackable macadamia nuts ranging from Sea Salt to Milk Chocolate. Royal Hawaiian Orchards offers a vast portfolio of delicious macadamia nut-based snacks that are free of GMOs and gluten, including Roasted Macadamia Nuts, Macadamia Nut Milk, Dark Chocolate Covered Macadamia Nuts and Fruit & Macadamia Nut Crunches.
Scott Wallace, executive vice president at MacFarms, will lead the combined business and oversee sales, marketing and operations. Wallace was previously the executive vice president at Royal Hawaiian Macadamia Nut and formerly served as president of Mauna Loa Macadamia Nut until 2001. In 2017, Wallace lead the charge for Royal Hawaiian Orchards to gain approval for a Qualified Health Claim from the U.S. Food & Drug Administration, allowing marketers to claim that consuming macadamia nuts can help reduce the risk of coronary heart disease under certain circumstances.
“I believe this is a genuinely exciting opportunity that creates a win-win for consumers, customers, suppliers and employees of both brands,” stated Wallace.
MacFarms’ products are widely available in Hawaii and Costco locations around the world, while Royal Hawaiian Orchards’ products are available in thousands of stores throughout the U.S., including Whole Foods Market and 7-Eleven.
About Buderim Group Limited
Buderim Group Limited, together with its subsidiaries, manufactures and distributes confectionery ginger and other ginger-based products to industrial, food service, and retail customers worldwide. It operates through Ginger, Macadamias, and Tourism segments. The company also engages in the processing, production, and marketing of macadamia products to wholesale and retail customers. In addition, it sells ginger, and other retail gift and food products, as well as provides leisure services in the Australian tourism market. The company was formerly known as Buderim Ginger Limited and changed its name to Buderim Group Limited in November 2015. Buderim Group Limited was founded in 1941 and is headquartered in Milton, Australia.
Royal Hawaiian Orchards Gains FDA Approval of New Macadamia Nut Qualified
HILO, Hawaii - July 24, 2017 Royal Hawaiian Macadamia Nut, Inc., creator of nutritiously delicious Hawaiian island-harvested macadamia nut foods under the Royal Hawaiian Orchards brand, today announced the United States Food & Drug Administration (FDA) has approved the company's petition to claim that consuming macadamia nuts can help reduce the risk of coronary heart disease under certain circumstances. The milestone decision follows nearly two years of FDA review, and marks a significant evolution in the recognition of macadamia nuts as a potentially healthful food, which will positively benefit the entire macadamia nut industry.
Coronary heart disease is the leading cause of death in men and women in the United States.1 While the FDA previously approved a qualified health claim for the consumption of other tree nuts, today's announcement is the first time the agency has extended a qualified health claim to macadamia nuts specifically. The following statement may now be applied in connection to the consumption of whole or chopped macadamia nuts, including raw, blanched, roasted, salted or unsalted, and/or lightly coated and/or flavored macadamia nuts:
"Supportive but not conclusive research shows that eating 1.5 ounces per day of macadamia nuts, as part of a diet low in saturated fat and cholesterol and not resulting in increased intake of saturated fat or calories may reduce the risk of coronary heart disease." See nutritional information for fat (and calorie) content.
"Research about the benefits macadamia nuts have for heart health has existed for decades, and Royal Hawaiian has worked tirelessly to secure the legal right to share this with consumers" said Scott Wallace of Royal Hawaiian. "Many people associate almonds, pistachios and walnuts with better health, but this momentous decision from the FDA now puts macadamia nuts in a similar category. Consumers can now have confidence that there is real, supportive evidence with respect to the benefits of consuming macadamia nuts. Consumers are aware of the benefits of consuming other tree nuts like almonds and walnuts, similar benefits are available from consuming macadamia nuts. Royal Hawaiian Orchards makes a variety of options from savory roasted nuts, to macadamia milks, confections and more that are now widely available across the country, so it's easy to enjoy both the great taste and the benefits of macadamias almost anywhere in the country."
Macadamia nuts have no cholesterol and are high in monounsaturated fats, the same healthy fats found in olive oil and avocados, which are known to help reduce bad cholesterol levels and can lower risk of heart disease and stroke. Scientists first discovered that adding macadamia nuts to the diet appeared to lower the amount of LDL cholesterol in the blood during the 1990s and 2000s. Since then, researchers have been exploring the connection, resulting in a growing body of scientific evidence supporting that a diet including macadamia nuts can help lower LDL cholesterol levels. One ounce of macadamia nuts (about 15 nuts) is also an excellent source of thiamin and manganese, a good source of dietary fiber and copper, and contains protein, magnesium, iron and phytosterols.
Royal Hawaiian Orchard offers a vast portfolio of delicious macadamia nut-based snacks, including: Roasted Macadamia Nuts, Macadamia Nut Milk, Dark Chocolate Covered Macadamia Nuts and Fruit & Macadamia Nut Crunches. It is the only brand with a range of macadamia nut-based snacks in several high-growth grocery categories.
Royal Hawaiian Orchards products are available in grocery, natural food, club and convenience stores throughout the United States, including Safeway/Albertsons, Stop and Shop, Giant, Publix, Meijer, Jewel, Savemart/Lucky, 7-Eleven, select Whole Food Markets and Costco locations and more. To learn more about Royal Hawaiian Orchards and the health benefits of macadamia nuts, please visit www.royalhawaiianorchards.com.
1 Centers for Disease Control and Prevention
Royal Hawaiian Orchards™ Expands Growing Portfolio of Macadamia Nut Snacks with New Single Serve Pouches
Macadamia Food and Beverage Trailblazer Launches Naturally-Nutritious On-the-Go Nuts in Savory Roasted and Dark Chocolate-Covered Varieties
HILO, Hawaii – Sept. 01, 2016 – Royal Hawaiian Macadamia Nut, Inc., pioneer of delicious macadamia nut-crafted foods and beverages, today announced the expansion of its snack portfolio with Royal Hawaiian Orchards™ Single Serve Macadamia Nut Pouches. Committed to sharing the amazing goodness and better-for-you health benefits of macadamias with nut lovers everywhere, the brand’s Single Serve Macadamia Nut Pouches are available in six flavors ranging from savory roasted to dark chocolate-covered. Gluten-free and Non-GMO Project Verified, the convenient grab-and-go pouches are now available at 7-Eleven® and other select convenience stores nationwide, giving busy snackers a better alternative to traditional “pump-and-munch” offerings.
“Our love for the amazingly delicious and nutritious macadamia nut runs deep, as does our vision to make enjoying them more accessible to all people – whether that’s at breakfast with our macadamia nut milks, at snack time with our fruit & nut crunches, or on-the-go with our new single serve pouches,” said Scott Wallace, president of Royal Hawaiian Macadamia Nut. “As the only brand making the nutritiously-rich benefits of macadamia nuts widely available through foods in multiple aisles of the grocery store, our hope is that shoppers will start to see these powerful little nuts have so much more to offer than being a gift from a tropical vacation. We’re honored to be one of the first on-the-go macadamia nut offerings for the convenience channel, and are thrilled that leaders in this space like 7-Eleven recognize the benefit of diversifying their snack offering with better-for-you options like ours that still knock it out of the park on taste.”
Made with buttery-rich macadamias grown in the lava-rich soil of Hawaii, Royal Hawaiian Orchards Single Serve Macadamia Nut Pouches come in three roasted flavors that are lightly seasoned and spiced, including Sea Salt, Hawaiian BBQ and Sea Salt and Cracked Pepper. Made with real, quality ingredients, the roasted macadamias are a healthier snacking alternative to standard convenience store options like chips and pretzels. For those seeking a better-for-you indulgence, the Single Serve Pouches are also offered in three fruit-infused dark chocolate-covered varieties, including Dark Chocolate Blueberry Acai, Dark Chocolate Blackberry Goji and Dark Chocolate Pomegranate Mango. Each individually portioned, travel-size snack retails for $1.05/1.25 oz. pouch.
A great source of energy, macadamia nuts assert health benefits including being low in cholesterol. They are also ideal for those with gluten sensitivity, Celiac Disease, or who follow paleo, vegan, vegetarian and plant-based diets. Studies show that the nutritional make-up of macadamia nuts may help support heart health, and management of high cholesterol/blood pressure, weight, diabetes and more.
Royal Hawaiian Orchards Single Serve Macadamia Nut Pouches join the brand’s rapidly growing portfolio of diverse macadamia-based foods and beverages, including new All-Natural Creamy Macadamia Butter, Dark Chocolate Macadamia Spread, Macadamia Milks, Roasted Macadamias, Dark Chocolate Covered Macadamias and Fruit & Macadamia Crunches.
In addition to 7-Eleven and select convenience channels, Royal Hawaiian Orchards Single Serve Macadamia Nut Pouches will soon be available online at www.royalhawaiianorchards.com.
Royal Hawaiian Orchards Spoons Up Island Inspired Indulgences
with New Macadamia Nut Butter and Spread
Leading Macadamia Nut Producer Unveils Buttery-Rich All-Natural Creamy Macadamia Butter and Dark Chocolate Macadamia Spread
HILO, Hawaii – July 01, 2016 – Royal Hawaiian Macadamia Nut, Inc., creator of nutritiously delicious Hawaiian island harvested macadamia nut foods, is spreading the aloha with new buttery-rich Royal Hawaiian Orchards All-Natural Creamy Macadamia Butter and Royal Hawaiian Orchards Dark Chocolate Macadamia Spread. Crafted with the brand’s signature macadamias locally grown and cultivated in the volcanic soil of Hilo, Hawaii, the lineup combines indulgent flavor with a smooth buttery consistency. A fresh take on traditional nut butters, the new products will hit shelves nationwide in August 2016 at select conventional grocers and natural food stores.
“Nut butters have exploded on shelves nationwide, and because our fans love the authentic, satisfying taste of our real macadamia-based products, creating these unique, creamy varieties was a natural next step for our brand,” said Scott Wallace, president of Royal Hawaiian Macadamia Nut. “Macadamia nuts were once thought of as a gourmet item reserved for special occasions, and we’re thrilled to continue to innovate in ways that make the nutritional benefits and decadent taste of macadamias accessible to everyone. Offering endless versatility to any dish or snack, both sweet and savory, our nut butter and dark chocolate spread are perfect for spreading, dipping, and enjoying by the spoonful.”
A better-for-you nut butter, the All-Natural Creamy Macadamia Butter contains roasted macadamias without added salt or oil that are ground to a creamy perfection and is a good source of healthy monounsaturated fats – the same healthy fats found in avocados. A vegan and paleo-friendly delight, the new nut butter also contains no dairy, soy, lactose, cholesterol, gluten, or wheat. The Dark Chocolate Macadamia Spread combines the bold taste of dark chocolate with the buttery taste of real macadamias as a sweet indulgence ideal for eating straight from the jar or atop fruit or baked foods. Both specialty products are Non-GMO Project Verified and OU Kosher, with a retail price of $17.50/12 oz. glass jar.
The All-Natural Creamy Macadamia Butter and Dark Chocolate Macadamia Spread join the brand’s existing portfolio of delicious macadamia nut-based snacks, including: Macadamia Milk, Roasted Macadamias, Dark Chocolate Covered Macadamias and Fruit & Macadamia Crunches. Royal Hawaiian Orchards is the only brand with a portfolio of macadamia nut-based foods found in multiple aisles in grocery stores.
In natural form, macadamia nuts are perfect for those with gluten sensitivity, Celiac Disease, and paleo, vegan and vegetarian diets. Studies show that the nutritional make-up of macadamia nuts may help support heart health, and management of high cholesterol/blood pressure, weight, diabetes and more. Known for being a great source of energy, macadamia nuts assert benefits including being low in cholesterol and high in monounsaturated fats. To learn more about macadamia nut health benefits or Royal Hawaiian Orchards products, visit www.royalhawaiianorchards.com.
Royal Hawaiian Orchards products are available in select conventional grocers and natural food stores throughout the United States, at specialty online retailers, and www.royalhawaiianorchards.com.