Treasury Wine Estates announced the resignation of CEO, Tim Ford, with news the CEO of Lion, Tim Fischer, will replace him from 27 October. Ford has been at TWE for 14 years, five as CEO and managing director. Fischer will receive a $4 million sign-on fee as compensation for forgoing incentives with Lion. Read more
South Australia’s largest dairy processor, Beston Global Food Company, says the “sudden and dramatic escalation in inflationary pressures” have caused a rethink of its business strategy.
Two Birds Brewing, Australia’s first female founded brewery, has closed less than two years after its parent company Fermentum was bought by Lion. Founders Jayne Lewis and Danielle Allen have blazed a trail for diversity and inclusion in brewing.
Tucker’s Natural is the first food and beverage company in the southern hemisphere to run a pilot of Sigreen, Siemens’ net zero emissions tool.
B2B food event Fine Food Australia is returning to Sydney this year, with registrations now open. The event will be held at the International Convention Centre over four days from 11-14 September.
In partnership with Forage Built, Yalumba has released the second wine in its Homefullness series. Proceeds from the wine’s sales will go towards establishing Forage Built’s innovative, sustainable housing village to help people experiencing homelessness.
In the latest chapter of the drama that is Bubs Australia 2023, the board has called an Extraordinary General Meeting for shareholders to vote on a resolution to oust the current board.
Our June-July issue is out with comprehensive coverage of the food and beverage manufacturing sector, from tapping into family heritage to embracing the latest in technology.
Fantales, Australia’s iconic chocolate covered caramels that have kept dentists in business and children entertained on long car trips (in The Land Before Devices era) for almost a century, have had their final curtain call.
Ernest Hillier Chocolates, founded in 1914, has gone into voluntary administration. Its parent, Chocolate & Confectionery Company, said rising raw materials and shipping costs had significantly impacted margins.
Kellogg ANZ has appointed Grant Milmlow as head of strategic planning. Milmlow joined Kellogg in 2000, working across multiple functions including supply chain and planning and sales.
In September 2022 the boards of Australian Grape & Wine and Wine Australia collectively identified a need for a strategic response – the One Sector Plan – to ‘the perfect storm of issues’ encountered by the industry since 2020.
Bubs Australia forecasts FY23 net revenue from its US business will be at the top end of $20-22 million, with May marking the company's first $1 million month on Amazon's ecommerce platform.
The digitisation of the food industry has made great progress. With these six technologies, you can take advantage of the smart factory today and embrace the motto “Let’s get going”.
As preparations are finalised for the Sunshine Coast’s multi million dollar food and beverage manufacturing precinct, Turbine, Andrew Eves-Brown has been appointed FMCG CEO.
The international snacks and confectionery industry came together in April at ISM 2023 in Cologne, Germany to showcase emerging trends, new technology, and the latest in flavours, colours, and textures. Kim Berry writes.
A symposium on the science, safety, and use of sweeteners is being held on 27 June, hosted by the Australian Beverages Council, International Council of Beverage Associations Asia-Pacific Regional Group, and Food Industry Asia.