Nomad Breads
Artisan bakery products for supermarket and foodservice customers.
At a glance
The business
Nomad Breads manufactures artisan bakery products from a state of the art facility at Darra in Brisbane. Founded in 1997 as Sol Breads in a converted garage, the business now supplies supermarket and foodservice customers across Australia with Turkish bread, rolls, ciabatta and sourdough.
Nomad is a specialist private label solutions partner for artisanal bread across Australia. The Nomad team produce high quality products with highly efficient and consistent output, following the team’s investment in state of the art production capabilities.
Why Fortitude partnered.
The same frame guides every investment: good people, building a good business, in a good market. For Nomad Breads, that means:
01 Good people
A highly experienced management team, focused on producing high quality artisanal bakery products.
02 Good business
Nomad is a market leader in efficient production of artisanal bakery products across Australia, with state of the art production facilities.
03 Good markets
Consumers are continuing to replace ‘tin-baked’ sandwich loaves with artisanal specialty bread products, with Nomad a market leader in producing these artisanal products at affordable prices.
How we work together.
Fortitude partnered with Nomad Breads through its predecessor business at Blue Sky, investing in the original manufacturing capabilities. Fortitude has since worked with management to focus on the core, refinance the balance sheet, and rebuild the business to focus as a private label specialist.
Capital
Provided capital to invest in the state of the art manufacturing facility, as well as capital and assistance to navigate changing capital structures, acquisitions and divestitures.
Strategy focus
Through focus, the Nomad business has been enabled to grow as a specialist private label artisanal bakery provider.
People and governance
Recruited a management team with applicable manufacturing experience.
Could this be your next chapter?
If you are a founder weighing up a partner, see what the journey looks like, or start a conversation, in confidence and with no obligation.