The global head of alcohol giant Diageo, Debra Crew has stepped down as CEO and as a board director “by mutual agreement”. Diageo chair, John Manzoni, said a formal search was now underway for her replacement. CFO Nik Jhangiani has been announced as interim CEO.

Global nutrition company, Arla Foods Ingredients has been granted exclusive commercialisation rights for its milk fat globule membrane (MFGM) product, Lacprodan MFGM-10, to be used in infant formula products in Australia.

Uncertain global markets and cost-of-living pressures have shaken consumer confidence in 2025, with the latest data from Circana showing promotions and discounts continue to dominate Australian shopping habits. However, the CommBank Household Spending Insights Index rose for the third month in a row in June, suggesting stabilisation is on the horizon.

The Australian Trade and Investment Commission is calling for stakeholder submissions regarding the Export Market Development Grants (EMDG) program, after the Export Chamber of Australia Incorporated (ECAI) raised concerns over updated rules in 2024.

Modular automation is redefining how businesses approach system design. As global system integrator, Cimcorp, celebrates its 50th anniversary of providing leading intralogistics automation, the company is outlining the importance of modular systems for modern facilities.

Intralogistics systems company, Swisslog, has installed a new warehouse automation solution in Victoria for global snack food producer, Mondelēz, as part of a $130 million upgrade to support handling multiple ranges of chocolate and confectionery products.

Sugar Research Australia (SRA) has officially opened its new Innovative Research & Industry Services (IRIS) Laboratories in Acacia Ridge, Brisbane with an event and facility tour for industry representatives taking place last Wednesday (16 July).

Commercial real estate agency, Cushman & Wakefield, has released its Frozen Logistics report, showing the country’s Cold Storage market is struggling to keep up with growing demand from the food and beverage, logistics, and pharmaceutical sectors.

Meat snack manufacturer, Link Foods APAC, has acquired Kooee! Snack Foods, as it looks to expand its premium portfolio across the Asia Pacific region. Kooee! makes high-protein, gluten-free snacks from 100 per cent grass-fed beef and natural ingredients.

The poultry company that supplies almost a quarter of the chickens consumed every year in Australia, ProTen, has been acquired by global investment firm, KKR, from Aware Super for a reported $1.3 billion.

Winemaking technology company, Bucher Vaslin, has launched its Pacific operation, to provide local resources to the Australian and New Zealand markets. The new entity will be led by industry expert, Paul Baggio, bringing decades of experience and a deep understanding of local winemaking needs.

Bega Group has allegedly joined forces with global dairy giant FrieslandCampina in its bid to acquire Fonterra Co-operative Group’s Mainland business. There are two other players in the ring for Mainland – Japanese food company Meiji Holdings Co and French dairy giant Lactalis.

Personalised food, sustainability, alternative protein sources, and the growing influence of private labels are major themes for the food and beverage sector. A recent webinar hosted by Anuga and its knowledge partner, Innova Market Insights, identified key trends currently at play and emerging.

Top Shelf International is launching a $10 million capital raise to fund business restructuring, operational expenditure, and working capital as it finalises a third-party distribution deal with Amber Beverage Australia.

An imbalance in bargaining power and the need for a mandatory code of conduct are two of the 14 recommendations put forward by Dr Craig Emerson, following his 10-month review of the trade and competition dynamics in the grape and wine sector.

Since starting out as a sustainable bottled water company in 2021, Tasmanian-based Pure Mist has diversified its range. Using water collected from some of the purest air in the world, the company began gin production just after starting out, and is now stepping into the functional beverage market with sports hydration drink, HydraPlay.