# Global Foods makes $8.3M takeover bid for Buderim Group

Global Foods offered $8.3 million to acquire Buderim Group, including its ginger processing business, Ginger Factory tourist attraction, and a macadamia orchard in Hawaii.

- Type: Acquisition
- Announced: 2020-06-16
- Where: Yandina, Queensland, Australia
- Value: $5.70M (8.30M AUD)
- Status: announced
- Products: ginger processing, macadamia nuts
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Global Foods](https://endata.com/companies/47905.md) (acquirer)
- [Buderim Group Limited](https://endata.com/companies/47906.md) (target)

## Sources

- [abc.net.au](https://www.abc.net.au/news/rural/2020-06-16/buderim-ginger-takeover-global-foods-australian-macadamias/12359836), 2020-06-16: "Australia's oldest ginger processing and agritourism business has received an $8.3 million takeover offer from Global Foods."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.