The Arnott’s Group (Arnott’s) has recently launched its new Asia hub in Kuala Lumpur as part of its expansion plan to become a regional powerhouse.
Arnott’s is the maker of much-loved Australian and local brands such as Arnott’s, Prego and Kimball, and it is targeting double-digit growth over the next 5 years in Asia. According to Arnott’s, Asia is expected to increase its annual food spending to US$8 trillion by 2030.
The Arnott’s Group Managing Director for Asia, May Lim said the hub had a centralised leadership team responsible for unifying operations across Asia. “We chose Kuala Lumpur as our hub as the city is strategically located and is a natural springboard into Asian markets. We are looking at a 3-stage growth plan, and Kuala Lumpur is at the top of the shortlist to be the epicentre of the expansion. Malaysia is the world’s leading Halal hub and we intend to drive halal certification for brands in our new manufacturing hub, which will be exported worldwide.”
Halal food exports in global markets are expected to reach US$3 trillion within the next 5 years from US$2 trillion currently. Arnott’s 3-stage expansion plans, which could start before the end of the year, will include a US$33.5 million investment in a manufacturing hub and employing more than 200 new workers, as well as a supply chain hub to consolidate all procurement, logistics, engineering, and site management.