Just two and a half years after Mighty Craft acquired the Adelaide Hills Group for $47 million, it has sold the remaining brands – Adelaide Hills Distillery (78 Degrees gin) and Mismatch Brewing Co – to a consortium of pubs and high-profile industry investors for $7.2 million.

A decision by the Independent Pricing and Regulatory Tribunal for the Port of Newcastle to pay a one-off compensation of $10 million to the New South Wales government leaves just one regulatory hurdle before the port can become a container terminal.

Smallgoods producer D’Orsogna is celebrating 75 years of operation. Commencing as a butcher shop in 1949, the family-owned business now employs 800 people to produce and distribute a range of cured and cooked whole and sliced hams, gourmet continental goods, bacon and cooked sausages.

Trade and Investment Queensland (TIQ) says Queensland’s reputation for quality produce is driving international interest in health and wellness products being produced in the state.

Allied Pinnacle has selected FMCG brand and design agency, Molasses, as the creative lead to launch its Wise Wheat brand. Allied was exclusively granted the licensed patents to produce High Fibre Wheat in Australia in April last year.

Meat & Livestock Australia (MLA) has announced Michael Crowley as its next managing director, starting in the role on 27 May. Crowley is currently CEO of Herefords Australia.

Up to 750 SMEs will benefit from CSIRO's latest investment into its SME Connect initiative, which is aimed at boosting R&D opportunities. Its flagship program, CSIRO Kick-Start, has facilitated more than 280 projects since it began in 2017. 

Australian cultivated meat company, Vow, has unveiled its latest creation, an entirely new animal called Quailia. CEO George Peppou says it embodies Vow’s purpose, to create “utterly delicious” meat using cell-culturing technology.

New Zealand dairy company, Synlait Milk, has received a small reprieve in what has been a particularly challenging year with a two month extension to repay NZ$130 million that was due on 28 March.

For many manufacturers, food safety is a necessary cost centre they want to spend as little as possible on while still satisfying regulatory compliance. Troy Gosetti, a product specialist with global food safety company Neogen, explains how a different approach – using advanced workflow and analytics technology – can lead to greater ROI.

A $5 million grant from the Investment Attraction Fund will see Tassal expand its Yaloon/Cone Bay barramundi production in the Kimberley's Buccaneer Archipelago. In December, Tassal signed a seven-year lease with the state government to use two sites at the Broome Tropical Aquaculture Park, where it plans to build a new nursery facility.

The WA government is one of a number of states – and wine producers – expressing their relief at China officially dropping the heavy tariffs it imposed on Australia’s wine industry in 2020.

A $1.85 million support package for the South Australian wine industry will help it prepare to re-enter China, South Australian premier, Peter Malinauskas, announced following the news China had lifted its tariffs on Australian wine.

Former director of Bellamy’s Australia, Jan Cameron, has been fined $8000 following her conviction for using an offshore corporate structure to hide her substantial holdings in the company.

Suntory Oceania will be the exclusive ANZ manufacturer, sales, and distribution partner for the US energy drink, Celsius. The deal should see the functional beverages on the market in late 2024.

Personal health, sustainability, and enhanced sensorial experiences are the biggest consumer themes that will shape the food and beverage sector across the region, according to the latest research by Kerry. Kerry ANZ Business Development director, Taste, Emma Stride explains.