Inside Streets Ice Cream Factory: How Britain Stole Australia's Ice Cream Empire

Inside Streets Ice Cream Factory: How Britain Stole Australia's Ice Cream Empire In 1960, a British multinational quietly stole Australia's favourite Streets ice cream company. A wounded First World War soldier named Edwin "Ted" Street, who had founded the company forty years earlier in a back shed in Corrimal, took the cheque, retired to Narooma, and watched from the south coast as the company that bore his family name became a foreign asset. Sixty-six years later, Streets Ice Cream is still owned by foreigners. But here is what nobody mentioned in the headlines. The workers won the battle. Britain still owns the empire. This is how it happened.