PLAY Food & Drink Business News Bulletin: 27 August

In the news this week: Lion, China Mengniu Dairy Company, Bubs Australia, Aldi, earnings season update. 

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Packaging News

Orora has downgraded its FY26 earnings outlook for Saverglass, citing both direct operational disruption and broader market impacts stemming from the ongoing Middle East conflict.

Thrace Group has acquired 100 per cent of BHA Holdings Pty Ltd, which operates through Bulk Handling Australia and Bulk Handling New Zealand, strengthening its presence in Oceania.

Automation & Robotics Technology has been acquired by a consortium of investors including Foodmach, Packaging Partners, Rob Niggl, and Frank Floriano, former CEO of Aldus.