Companies

Capilano Honey finds sweet spot

Transcript: Capilano Honey MD Ben McKee knows the big supermarket chains play hardball with their suppliers. He’s happy, though, that his product has managed to get a 70 per cent market share.

Updated Aug 10, 2014 – 1.34pm, first published at 11.57am

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Channel Nine presenter: Honey might be sweet but it’s been a bitter time for producers. Bad weather across Australia has slashed supply and pushed up prices. Our largest honey maker – Capilano – has overcome the odds. It’s just reported a 20 per cent jump in profit and its share price has trebling in a year. No wonder then, that media mogul Kerry Stokes has bought in. Eddy Meyer sat down with Capilano managing director Ben McKee to discover his recipe for success.

Channel Nine reporter Eddy Meyer: In the simple process of honey making, lately things just haven’t stacked up.