SPC Global Holdings will seek shareholder approval at its AGM on 24 November to change its name to Altiva Global Ltd. The company said the new name would distinguish the parent company from the SPC trading business and reflect a group spanning food, beverages and dairy, with a growing international business.
SPC and the group’s other trading divisions and consumer brands will keep their names. The change will not affect shareholders’ holdings or rights.
The name change requires a special resolution, with at least 75 per cent of votes cast in favour. The board unanimously recommends shareholders approve it. If approved, it will take effect when ASIC updates the company’s registration.
SPC Global managing director, Robert Iervasi, said, “Altiva Global reflects the nature of business we have become and our ambitions for global expansion. We have brought together complementary businesses across food, beverages and dairy, each with strong brands and an expanding international presence.
“Our strategy is to build on those collective strengths as one integrated group. The proposed name gives us a clear corporate identity to support that direction, while preserving the individual identities of our business divisions and brands our customers and consumers know and trust.”
Background
SPC Global was formed when SPC merged with The Original Juice Company and Nature One Dairy and acquired Natural Ingredients, listing on the ASX in December 2024. The group makes packaged fruit and tomatoes, baked beans and spaghetti, ready meals, juices and wellness shots, and powdered milk products, and supplies fruit and vegetables to foodservice. It has about 800 employees, with operations in Australia and Asia.
In FY26, SPC Global lifted normalised EBITDA 27 per cent to $38.5 million while net sales revenue fell to $331.8 million from $376.2 million on a proforma basis, as it moved away from lower-margin volume. International EBITDA rose 15.4 per cent to $15.7 million, about 41 per cent of the group total, on new ranging in Japan, Korea and Singapore. The company completed a $100 million equity raise in May and signed a non-binding memorandum of understanding to explore distribution in the Gulf states.
SPC last refreshed its corporate branding in December 2020, before the merger.
