News

Kim Povlsen joined Universal Robots as its president in March 2021, just as the world came to grips with a Covid resurgence. Food & Drink Business caught up with Povlsen to talk about his experience so far.

Welcome to Australia's Top 100 Food & Drink Companies report for 2021, presented in collaboration with IBISWorld. We bring you the top 100 food and drink companies in Australia by revenue as well as all the analysis you need into the Top 10, the fastest movers, who has fallen and the best performing sectors.

Subscription-based meal kit company Marley Spoon Australia CEO Rolf Weber will expand his role to become the new global chief operating officer (COO) and join the company’s management board.

More than 2.5 million Coffin Bay oysters have been recalled by Food Standards Australia and New Zealand following a bacterial outbreak, with 56 people falling ill and three people being hospitalised.

Australia’s largest integrated cattle and beef producer Australian Agricultural Company (AACo) is partnering with seaweed manufacturer Sea Forest to reduce methane emissions from its cattle.

Kellogg, Nestlé, Coles, BioPak, and CHEP were among the big winners at the Australian Packaging Covenant Organisation’s (APCO) Annual Awards ceremony, each taking home multiple accolades.

Treasury Wine Estates’ acquisition of US Frank Family Vineyards for $434 million is a major step in the company’s commitment to building its luxury portfolio and strengthening its presence in the Americas.

Lyre’s latest funding round has seen the non-alcoholic spirits brand’s valuation increase to $500 million, up from $185 million earlier this year. The $37 million raise was led by D Squared Capital and existing investor Morgan Creek Capital Management.

In each issue of Food & Drink Business we ask industry leaders five questions about their working life. Our October guest was Pepsico CEO Danny Celoni before he departs for CUB in February 2022.

The team at Kerry Asia Pacific, Middle East & Africa explain how beverages are being more widely considered as a source of nutrition as opposed to a simple thirst quencher or as a pick-me-up.

Seafood and eat it

A S Harrison & Co Seafood Powders provide food manufacturers with a versatile alternative to fresh seafood, all responsibly harvested and certified.

ASVO has awarded South Australian winery Wynns Coonawarra Estate’s Ben Harris with 2021 Viticulturist of the Year and announced senior winemaker Sue Hodder as a fellow of the organisation.

Australia’s first purpose-built, end-to-end collaborative food and beverage manufacturing precinct on Queensland’s Sunshine Coast will provide a blueprint for the industry nationally, its supporters say.

Coopers Brewery reported a 2.8 per cent increase in total beer sales for FY21, but took a hard hit from COVID-19 related disruptions, with bulk or kegged beer down 21 per cent on FY19.

Dairy products manufacturer Halo Food has received its second private label tender with Coles, the company’s second contract with the supermarket giant in under 12 months.

From concerns about shelf life, inventory, and margin pressures, today manufacturers need to think about transparency and shopping channels. The supply chain is more challenging that ever.