‘Farm to table’: Mantle Group’s model of vertical integration
The Mantle Group boasts a unique “backward integration” business model – a hospitality company with businesses upstream of its core restaurant and venue offerings.
The group owns a cattle farm in northern NSW, a cocoa plantation in Papua New Guinea and a fruit, vegetable and herb farm in Pullenvale, west of Brisbane.
“We also have a central production kitchen complete with our own butcher, pastry chef and coffee roaster,” Rupesinghe said.
Rupesinghe says the vertical integration of the group resonates with the consumer.
“It is more efficient but also aligns with our core values. And using local ingredients from our own properties usually results in a superior product.”
As for the public listing, Rupesinghe wouldn’t be drawn on an announcement, but confirmed the group is “working toward a mid-2019 IPO”.
Mantle Group has enlisted Brisbane stockbroking and advisory firm Morgans for its initial public offering.
Main image: Jimmy’s on the Mall, Queen Street Mall, Brisbane.