• Halo Food Co has been liquidated.
    Halo Food Co has been liquidated.
Close×

Halo Food Co has gone into liquidation five months after it entered voluntary administration. It was the owner of The Healthy Mummy, Tonik functional beverages and bars, milk powder manufacturer Key Dairy, and confectionery brand Gran’s.

Korda Mentha was appointed administrator in August last year just weeks after the company sold The Healthy Mummy to healthcare platform Mosh for $588,540. Halo had acquired the health and wellness brand 18 months earlier in February 2022 for $17 million.

KPMG remains in day-to-day control of the assets and trading operations; it was appointed receivers and managers when Halo went into voluntary administration.

In October, KordaMentha negotiated the sale of Halo's Sydney operations to health and wellness company, Body Science, a subsidiary of Swedish firm Humble. It said the purchase would ensure Halo employees could keep their roles.

Packaging News

Revenues were down by more than 13 per cent in both Flexibles and Speciality Packaging at Pro-Pac for the half year to December 31, in what the company said was a volatile and challenging market.

Visy is launching an Australian-made retail paper bag today, made from thicker paper containing recycled content. The new bags are recyclable through Australian kerbside recycle bins.

Jet Technologies – a leading provider of print, packaging and industrial solutions in Australia and New Zealand – has opened its first distribution centre in Brisbane.