News

Duxton Vineyards set its sights on being an industry leader for sustainability when it began in 2015. Today, it is reaping benefits with a suite of innovative tech and regenerative farming practices.

The mighty November/December issue has landed with the much-anticipated release of our annual Australia’s Top 100 Food & Drink Companies 2021 report. We list the top companies in the sector by revenue and then dive in to see which companies have performed well – or not – and how the various segments of the industry have fared.

JBS S.A. will invest almost $140 million in the cultivated protein sector acquiring Spanish company BioTech Foods and building a biotechnology and cultivated protein R&D centre.

Unilever has sold its global tea business to private equity company CVC Capital Partners Fund VIII for $7 billion.

Home grown prowess

Two Australian-owned manufacturers have partnered to deliver a manufacturing line for products in the Australian Organic Food Co range. The executives at Inox and Flavour Makers explain the scope of the project.

Business growth and changing consumer preferences saw leading Australian brewery 4 Pines Brewing Company looking for a partner to develop a new filling line. Foodmach provided the solution.

Beef producer Australian Agricultural Company says its sustainability blueprint is the first of its kind for the beef industry. It has detailed five environmental commitments to set the standard.

Regenerative food company Wide Open Agriculture has secured the largest distribution agreement for its Dirty Clean Food brand, with Woolworths stocking its oat milk in roughly half of its stores.

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.