News

Global berries

After launching several new products this year, supplement and health food company Amazonia is poised for rapid growth. Pippa Haupt talks to founder Dwayne Martens about his plans for the business.

Geelong based non-alc drinks company Monday Distillery has closed out its equity crowdfunding venture, reaching over $1 million in investment with 497 new shareholders.

With the logistics industry undergoing major changes due to Covid, extreme weather events, and a clogged supply chain, the industry-led National Location Registry is a welcomed initiative.

Drinks startup Gravity Seltzer Co. has won a two plus one year, multimillion-dollar contract to be the official seltzer supplier for Accor Stadium at Sydney Olympic Park, as well as the CommBank Stadium at Parramatta and others.

Kellogg has announced a national partnership with Foodbank to donate over 3.7 million serves of cereal and snack foods each year and support communities across the country.

Two of Australia’s top 100 food and beverage companies, Patties Foods and Vesco Foods, look set to be acquired by APAC private equity powerhouse PAG. Terms of the deal have not been disclosed, but the companies’ combined revenue is more than $600 million.

Smith’s has re-introduced the infamous 80s character, Gobbledok, to consumers via social media channels including its newly launched TikTok channel.

Amcor will boost its investment in ePac Flexible Packaging by $45 million, signalling the global packaging giant’s confidence in the digitally-based flexible packaging market, and ePac’s ability to scale.

Climate crises, a pandemic, and rising inflation are now table stakes for business. Vitasoy Australia MD David Tyack explains how the company embedded “Let’s Grow a Better World” into its operations.

Ferrero Australia has marked local sustainability achievements at its Lithgow factory and celebrated the launch of the ‘Nutella Loves Aussie Recipes’ campaign.

Have a Funday

Daniel Kitay was his own first customer, creating confectionery company Funday Sweets out of frustration at a lack of low sugar lollies. Pippa Haupt writes.

Australia’s largest dairy co-operative, Norco, says it will have to retrench 170 employees, after failing to secure the financial support it was seeking from the federal government for its flood recovery. Norco says potentially 240 jobs may go without adequate funding.

Seafood Industry Australia says its whole-of-industry Export Market Strategic Plan is a first for the sector, capitalising on cohesion forged during Covid.

Coles is partnering with Mort & Co Grassdale Feedlot in Queensland, and DSM to trial feed supplement Bovaer on cattle in a bid to reduce methane emissions.

Coca-Cola Europacific Partners (CCEP) latest Power Purchase Agreement (PPA) with Alinta Energy brings the beverage giant closer to its goal of 100 per cent renewable energy by 2025.

Food waste startup Good & Fugly has made its debut in Melbourne, launching deliveries in the city, following its recent crowdfunding campaign to assist its move down south.