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Amazon's deal to buy US supermarket chain Whole Foods Market is likely to further rattle the local food and beverage industry ahead of its Australian launch.

Amazon, which in April confirmed its intention to launch in Australia, bought the US grocery retailer for $US13.7 billion ($18 billion).

The chain, which mostly operates in upmarket locations and markets itself as 'America's healthiest grocery store', has been struggling, according to The Australian Financial Review.

The deal is reportedly the biggest ever for the e-commerce giant, and will significantly lift its bricks and mortar presence.

Packaging News

Visy is recruiting more than 100 operators, technicians and tradies for its glass recycling and manufacturing facility in Yatala, Queensland, which will begin operations in 2026.

Visy’s has completed a $30m upgrade to its recycled paper mill in Brisbane, to manufacture new grades of paper for corrugated boxes used by Queensland farmers and food and beverage businesses.

Global packaging giant Amcor will showcase a range of new packaging solutions at multiple upcoming global exhibitions, including Drinktec, Fachpack, Luxe Pack Monaco and London Packaging Week.