Govt Invests $45M to Globalize Tim Tam
Update: 2025-12-08
Description
Government Invests $45M to Globalize Tim Tam Biscuit: Australian Icon Seeks Worldwide AppealThe Australian government is backing the Tim Tam biscuits global expansion with a $45M investment, aiming to boost Arnotts manufacturing and introduce the iconic snack to new markets. Despite Arnotts being an Australian company with 2500 employees, its owned by an American private equity firm, KKR. The Tim Tam has already seen success in the UK, selling 5M packets since its introduction last year. This investment is part of the National Reconstruction Fund Corporations efforts to support Australias manufacturing sector.
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