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Knorr, Hellmann’s, Maille and Frank’s will sit under McCormick’s roof in a transaction that marks Unilever’s exit from food manufacturing and the second-largest food deal in history. Read more
Welcome to Food & Drink Business PLAY. Here are our top stories for March. It was a big month for deals, policy and industry shake-ups. Let's get into it.
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.
A potential combination of the world’s second and fifth largest spirits companies would create a $43.6 billion (US$30 billion) global player, second only to Diageo.
Fonterra Co-operative Group has completed the sale of Mainland Group to French dairy giant Lactalis, closing a divestment process that began in mid-2024 when the co-op announced a strategic shift to become a pure-play global B2B dairy provider.
Tongala Nutrition has received a $1.5 million government grant through the new $150 million Victorian Investment Fund. The funding will support the company’s expansion, creating more than 40 new jobs in the region.
End Food Waste Australia (EFWA) and Hort Innovation have launched a new research program to tackle the challenges of harvest surplus and losses on-farm – a $2.5 billion opportunity for vegetable growers.
Victorian-based Aquafab has completed a $620,000 Series A raise through Birchal, supported by over 300 investors. The company told Food & Drink Business that the funds will support continued national growth and plans in place to enter the US and UK markets this year.
The federal government has confirmed it will not proceed with the Tax Laws Amendment (Incentivising Food Donations to Charitable Organisations) Bill 2024, saying the legislation contains “deficiencies that compromise its policy intent”, even as food insecurity remains at record levels across Australia.
From fibre-based formats to premium gift tins, a PKN store check reveals how Easter chocolate packaging is evolving across Australian supermarkets and speciality chocolatiers.
Reckitt is rolling out a 75% paper-based, kerbside recyclable pack, supplied by Mondi, for Finish dishwashing tablets in Australia, targeting a reduction in plastic use while maintaining product protection.
Coca-Cola Europacific Partners has installed a new Return and Earn reverse vending machine at its Northmead site, strengthening EPR in practice and expanding access to container recycling.
