Allied Brands (ABQ)

Shares / Stock Code

ABQ

Stock Exchange / Sharemarket

ax

Allied Brands (ABQ) is a company engaged in retail franchising in Australia. Allied is the proprietor, operator and manufacturer of key franchise brands in Australia, also including Baskin Robbins, which is a major international ice-cream franchise. Baskin Robbins offers ice-creams, sundaes, smoothies and milkshakes in 31 different varieties of ice-cream flavours. ABQ was listed on the ASX on November 22, 2004. The company focuses its development activities through three divisions: ice cream, store sales and cookie sales. The ice-cream division of the Company is involved in the sale of ice-cream to Baskin-Robbins franchisees and receipt of royalties. Its store sales segment focuses on the construction and sale of Baskin-Robbins stores. The Company’s cookie sales division deals with the sale of cookie-related products to franchisees and rental income earned on baking ovens. This process started in March 2007, with the acquirement of Cookie Man Australia Pty Ltd on 28 February, 2007. Allied completed its acquisition of Kenny’s Cardiology on July 10, 2007.

The Company supplies a range of ice cream flavours, beverages, and other associated and complimentary products to the market. The company has the skill to expand its business by attracting franchisees to major locations all over the Australia.ABQ intends to become Australia’s leading owner, operator, and manufacturer of franchise brands.

Allied Brands History

ABQ started in January 1991, having the Australian Master License for the operation of Baskin Robins ice cream. The company listed on the Australian Stock Exchange in September 2004. Baskin Robins is a brand doing business in the USA since 1946. The global system of Baskin Robins has now its business operations in more than 5,000 stores in over 35 countries.