Welcome to Food & Drink Business PLAY. Here are our top stories for February – from food safety and major retail scrutiny, to a big sustainability investment and a new global player backing an Australian beverage business.

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.

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.

End Food Waste Australia CEO steps down

End Food Waste Australia CEO, Tristan Butt, has stepped down after less than a year in the role, to pursue other professional opportunities. The Board has appointed current director policy, communications & strategic engagement, Wendy Hughes, as acting CEO.

Tip Top WA facility receives $130m upgrade

George Weston Foods has completed a $130 million redevelopment of its Tip Top Bakeries facility in Canning Vale, Western Australia. The upgrade follows a fire in October last year, which led to a temporary bread shortage across the state.

Turbine Sunshine Coast food precinct project cancelled

Plans for the Turbine food and beverage pilot precinct on the Sunshine Coast have collapsed after the project failed to secure sufficient commercial support to meet key funding milestones.

TasFoods enters VA after poultry sale fails

Tasmanian agribusiness TasFoods has entered voluntary administration after failing to secure a buyer for its Nichols Poultry business. Partners from KPMG Australia – Tim Mableson, David Hardy and Emily Seeckts – have been appointed as joint and several voluntary administrators to the group.

Bulla CEO steps down after decade of leadership

Bulla Dairy Foods CEO, Allan Hood, has stepped down after 12 years of leadership within the company. James Downey, a fifth-generation member of one of Bulla’s three founding families, has taken up the role of acting CEO.

Marketing investment in APAC export markets

For food and beverage brands looking at growth beyond their home market, the Asia Pacific region remains one of the most compelling regions globally. But entering the region is only step one.

Packaging News

Global packaging and labelling group CCL Industries is set to acquire French shrink sleeve technology specialist Sleever International, to expand its global sleeve decoration and labelling portfolio.

Australia’s pathway to a national soft plastics recycling system has taken a step forward, with APCO and SPSA announcing a new partnership aimed at simplifying how brands and retailers participate in stewardship as collection and recycling pathways expand.

One year after commissioning its high-efficiency G3 oxyfuel furnace at the Gawler glass manufacturing site in South Australia, Orora says the installation is delivering substantial reductions in fuel use and greenhouse gas emissions.