# SPC Global Seeks 75% Shareholder Vote to Rename Parent Company Altiva Global

> SPC Global will ask shareholders at its November 24 AGM to approve a name change to Altiva Global, requiring 75% of votes cast in a special resolution.

- Published: 2026-10-23T09:23:35+00:00
- Section: Business
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-23/spc-global-altiva-rename-vote
- Source: [Food & Drink Business](https://www.foodanddrinkbusiness.com.au/news/spc-global-to-rename-as-altiva-global)

## Key takeaways

- SPC Global Holdings will seek shareholder approval at its AGM on 24 November to change its name to Altiva Global Ltd.
- The name change requires a special resolution with at least 75 per cent of votes cast in favour, and the board unanimously recommends it.
- SPC and the group's other trading divisions and consumer brands will keep their names, and the change will not affect shareholders' holdings or rights.

[SPC Global](https://akta.pro/company-profiles/0053mbg/spc-global) Holdings will ask shareholders to approve a change of its name to Altiva Global Ltd at its annual general meeting on 24 November. The company said the new name would distinguish the parent company from the SPC trading business and reflect a group spanning food, beverages and dairy, with a growing international business, [Food & Drink Business](https://www.foodanddrinkbusiness.com.au/news/spc-global-to-rename-as-altiva-global) reported.

## SPC Global's Plan to Become Altiva Global

SPC and the group's other trading divisions and consumer brands will keep their names. The change will not affect shareholders' holdings or rights. The name change requires a special resolution, with at least 75 per cent of votes cast in favour, and the board unanimously recommends shareholders approve it. If approved, it will take effect when ASIC updates the company's registration.

SPC Global managing director Robert Iervasi said, "Altiva Global reflects the nature of business we have become and our ambitions for global expansion. We have brought together complementary businesses across food, beverages and dairy, each with strong brands and an expanding international presence."

"Our strategy is to build on those collective strengths as one integrated group. The proposed name gives us a clear corporate identity to support that direction, while preserving the individual identities of our business divisions and brands our customers and consumers know and trust," Iervasi said.

SPC Global was formed when SPC merged with The Original Juice Company and Nature One Dairy and acquired Natural Ingredients, listing on the ASX in December 2024. The group makes packaged fruit and tomatoes, baked beans and spaghetti, ready meals, juices and wellness shots, and powdered milk products, and supplies fruit and vegetables to foodservice. It has about 800 employees, with operations in Australia and Asia. SPC last refreshed its corporate branding in December 2020, before the merger.

## SPC Global's Funding and Debt Reduction

According to akta.pro [company records](https://akta.pro/company-data), SPC Global launched a A$97.1 million rights offer in May 2026 primarily to repay senior bank debt, targeting a reduction of pro-forma net debt from A$138.7m to A$38.7m. The same records show the company re-listed on the ASX in December 2024 after the merger of four companies, and list three funding rounds on record, including a 2025-08 post-IPO debt round of $88.3 million led by Commonwealth Bank of Australia.

## Legal Action and Results Before the Vote

SPC Global filed Supreme Court proceedings in Victoria against former directors Dr Hussein Rifai and Andrew Cohen, plus advisory firm Perpetuity Capital, seeking over $4.5 million, Food & Drink Business reported in September 2026. In July 2026, the company commenced legal proceedings in Victoria's County Court against former chairman Hussein Rifai and Thor Capital, alleging breaches of directors' duties and seeking recovery from historical expenditure, Food & Drink Business reported. SPC Global reported Q4 results in July 2026 showing normalised EBITDA and net sales revenue in line with expectations, keeping it on track for FY26 growth, Food & Drink Business reported.

## What Happens After the AGM

If shareholders approve the special resolution on 24 November, the name change will take effect when ASIC updates the company's registration.

## Companies in this story

- [SPC Global company profile](https://akta.pro/company-profiles/0053mbg/spc-global) · website: https://spcglobalgroup.com

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