Beston Global Food Company has entered into a joint venture with the Singapore-based MindChamps Holdings to provide fresh and nutritious foods to all pre-school children who attend the 35 early childcare centres operated by MindChamps in Singapore and the Philippines.
MindChamps currently supplies some 6000 meals each school day to the children in its childcare centres.
While the Joint Venture Company’s initial focus will be on the MindChamps Centres in Singapore and Manila, the intention is to roll out the initiative to other countries as MindChamps continues to expand across Asia and into the Middle East.
Beston Global Food Company listed on the Australian Stock Exchange in September 2015 and has rapidly expanded.
It exports premium seafood, dairy, meat and health nutrition products to China, Japan, the Middle East, and Southeast Asia.
The South Australian company’s unique “closed supply chain” model means it owns all its farms, processing facilities and controls marketing and distribution. This has proven to be a key to its success.
Beston Global Foods Chairman Roger Sexton said the purpose of the Beston MindChamps Kids Nutrition joint venture was to provide fresh and nutritious eating options for young children and to educate them about the need to make healthy food choices.
“The program, along with a number of the foods for MindChamps, have been designed by our in- house dietician and the food technicians in our various BFC operating businesses,” Dr Sexton said.
“The foods are produced from carefully selected and evaluated ingredients after taking into account a range of nutritional and other factors such as artificial food preservatives, sustainability of seafood, animal welfare, antibiotics in meat and pesticides in vegetables.”
MindChamps was founded as a learning centre in Australia in 1998 and established its Pre-Schools in Singapore in 2002. It trains students from early childhood through to secondary school.
MindChamps Founder and Group CEO David Chiem, pictured above with Dr Sexton, said good health was an important aspect of learning.
“Food for children that is not only nutritious but the fact that we educate children on healthy eating really highlights the synergy between us,” he said.
The joint venture will operate as a special purpose company in Singapore with 50 per cent of the shares held each by BFC and MindChamps Holdings.Jump to next article