Presenting Diageo’s Q3FY25 results, CEO Debra Crew, outlined the company’s plan to reduce debt and mitigate the impact of US tariffs, which alone are expected to cost the alcohol company around $233 million (US$150 million) per year.

Alvia Asset Partners has taken a majority stake in Australia’s largest ice cream cone producer, Altimate Foods, investing alongside the company’s founders, the Rizzo family.

Entries are now open for the 2025 South Australian Premier’s Food and Beverage Industry Awards, this year with a renewed focus on sustainability, advanced manufacturing, and robust business systems.

The popularity of GLP-1 medications has pushed pharmaceutical agents into the mainstream conversation on health and wellness. As consumer awareness grows, GLP-1 has surpassed its pharmaceutical roots and is now more perceived as a symbol of metabolic health. ChemBizR marketing and communication lead, Shivani Srivastava, offers insight.

New research presented this week at an international paediatric conference demonstrated new health and wellbeing benefits to certain mother and baby groups from consumption of a2 Milk and infant formula containing a2 Milk.

Leading wholesaler and distributor, Metcash, has awarded its top-performing supply partners of the past year at its 2025 Supplier of the Year Awards, with Mars Food Australia taking home the top award.

Australian Wine Holdco’s global wine business, Vinarchy, has appointed former Carlton & United Breweries CEO, Danny Celoni, to lead the newly established merger of Accolade Wines and Pernod Ricard’s ANZ and Spanish wine businesses.

Surplus food marketplace app, Too Good To Go, is expanding into Queensland, after helping 600,000 users save more than 400,000 meals across Sydney, Melbourne, and Perth.

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.

Wine Australia and Australian Grape & Wine have selected the 2025 crop of the Future Leaders program, helping to develop the next generation of change-makers in Australia’s grape and wine sector.

Nestlé Australia has partnered with leading food rescue organisation, OzHarvest, to promote nutrition education and provide 400,000 meals to struggling Australians over the next 12 months.

Former assistant minister for manufacturing and Future Made in Australia, Tim Ayres, has been sworn in as Australia’s new minister for Industry and Innovation and minister for Science, replacing Ed Husic. He is supported by Assistant Minister for Science, Technology and the Digital Economy, Andrew Charlton.

The demand for convenient, health-oriented packaged foods has had a dramatic rise, with Australians increasingly turning to ready meals and snacks that support their dietary and health commitments. The Naturally Good Expo 2025 showcases leaders in this space.

Plant protein ingredient company, Wide Open Agriculture, says it has firm commitments of $2.6 million via a placement of 0.023 cents per share. It will also offer a share purchase plan (SPP) for eligible shareholders to raise up to an additional $500,000.

Confectionery company, Yowie, says its takeover bid of major shareholder, Keybridge Capital (KBC), is necessary because it had failed to repay at call money owed to Yowie, ongoing uncertainty with US tariffs, and working capital requirements.

Australia is the last OECD country without a legal definition for “organic”, which is causing export challenges due to double certification requirements and Australian companies to miss out on opportunities in a lucrative and growing market. Infor senior director Industry & Solution Strategy, Marcel Koks, writes.