Welcome to the July edition of PLAY, your monthly wrap-up of the biggest stories shaping Australia's food and beverage manufacturing industry. This month we're looking at court action, a major take-private deal, alleged tomato provenance fraud, new leadership and investment in manufacturing capability. Let's get into it. 

With foodpro just weeks away and the Hive Awards winners recently crowned, the latest issue of Food & Drink Business is a reminder that an industry grows stronger when it gets in a room together. Our foodpro preview, Hive Awards review, and wrap of ConTech’s 30th conference are testimony to that. There are profiles of foodpro exhibitors, a spirited Rising Star, industry news and so much more.

Our Top 100 2025 edition of Food & Drink Business magazine is more than the annual flagship Top 100 Report. Industry leaders reflect on the year past and the one ahead, we provide our annual news review, M&A wrap-up, and all the executive moves, and a Roman-inspired sports drink, Posca, is our final Rising Star for 2025.

Top 100 2025: Inside the list

Food & Drink Business and IBISWorld present this year’s Top 100 companies, a ranking of Australia’s largest food and drink companies by revenue. This year reflects a sector positioning itself for immediate term viability and long-term competitiveness.

Recorp enters Australian beverage can market

New Zealand-owned aluminium can manufacturer Recorp has expanded into Australia, offering beverage companies access to a range of can formats manufactured at its South Auckland facility.

Cream lifts Noumi ahead of going private

Noumi has lifted net revenue 8.8 per cent to $648.4 million and adjusted operating EBITDA 7.6 per cent to $61.8 million in FY26, in what is likely its final full year result as a listed company.

Rationalisation lifts Bega back to profit

Bega Group returned to profit in FY26, reversing the $8.5 million loss in FY25 as two years of manufacturing rationalisation took effect. Revenue rose 6.7 per cent to $3.77 billion and statutory EBITDA lifted 22.2 per cent to $202.3 million.

Asahi Beverages appoints chief commercial officer

Asahi Beverages has appointed Brian Phan to the expanded role of chief commercial officer, which combines both of the company's commercial and growth functions.

Refrigeration controller flaws risk silent spoilage

Two of the most widely deployed supervisory controllers in commercial refrigeration carried vulnerabilities that would let an attacker manipulate cooling equipment while the system continued to report normal temperatures, according to research by industrial cyber security firm, Claroty.

Australian certified organics pass $1bn in sales

Australia’s certified organic sector has for the first time passed the $1bn mark in annual direct sales, highlighting growing demand from consumers and the growing contribution and opportunity for organics.

Lark takes $36.2m hit as sales lift 15%

In a year that delivered Lark Distilling Co’s strongest top-line growth, it also wrote off $36.2 million in assets from its 2021 Pontville acquisition, pushing its statutory EBITDA loss to $19 million.

New CEO for Bulla

New CEO for Bulla

Family-owned manufacturer, Bulla Dairy Foods, has appointed Peter Hall as CEO. Hall joins in September, returning to Australia after more than 25 years running food and beverage businesses across North America, Europe, Latin America and the Caribbean.

Packaging News

Asahi Beverages says all plastic soft drink bottles it produces in Australia are now made from 100 per cent recycled plastic, excluding caps and labels. The conversion covers 350 million bottles a year.

Australian-headquartered, global fibre-based packaging manufacturer The Detmold Group has opened a 19,000-square-metre manufacturing and warehousing facility in India.

Orora’s Australian cans operation has delivered another year of strong growth, helping the packaging group maintain steady underlying earnings despite challenging conditions across the glass market.