The joint CEO and chairman of South Australian food giant San Remo has taken a 13 per cent stake in loss-making Maggie Beer Holdings for $3 million.

Announced to shareholders today, an entity associated with leading food industry figure Maurice Crotti bought the 53 million shares at a 10 per cent discount.

Crotti – who runs the successful family-owned pasta business that ranked at number 18 in the 2025 South Australian Business Index and is a Food South Australia Hall of Fame inductee – joins another high-profile investor in Maggie Beer Holdings, which recorded losses of $24.3 million in 2025.

Last week, proprietor of beverage giant Bickfords Angelo Kotses lifted his holding in the company to 19.19 per cent , with chair Mark Lindh at the time noting it was a “very exciting” developm

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