In this episode, Food & Drink Business editor Kim Berry is joined by Dominic Westendorf, the Regional and Agribusiness Banking Victoria GM for Commbank, and the CEO of Ferndale Foods Australia, Leigh Edward, to discuss the valuable role and benefits of regional food and beverage manufacturing.

In an industry with many moving parts, industry bodies become essential for providing cohesion, driving agendas, and being the voice for the sector they represent. Food & Drink Business invited three of Australia’s leading industry heads to share their reflections on the year that was and what’s on the agenda for 2025.

2024: The year that was

The business of food and drink is a fast moving behemoth, with takeovers, downfalls, and events both good and bad. But there is also the unexpected, and on that front, 2024 more than delivered. Editor Kim Berry gives you her take on the last 12 months.

Food & Drink Business presents its annual flagship Top 100 Food & Drink Companies Report for 2024. Compiled in collaboration with IBISWorld, the report ranks by revenue Australia’s biggest players in the food and drink sector. It’s your go-to industry resource into Australia’s largest manufacturing sector.

Pace Farm acquires egg producer Kinross Farms

Pace Farm has signed an in-principle agreement to acquire Victorian fresh egg producer, Kinross Farms. The acquisition is subject to regulatory approval and is being reviewed by the ACCC.

Young Henrys launches annual IWD scholarship

Running for its fourth year, Young Henrys has launched its annual International Women’s Day Brewing Scholarship, in partnership with TAFE NSW and Blundstone Australia.

Local Brewing Co. expands EcoCrumb with Coles Nurture Fund

Independent brewery, Local Brewing Co., says its $400,000 grant from the Coles Nurture Fund will enable it to greatly expand production of its brewing innovation, EcoCrumb, transforming even more surplus bread into a substitute for traditional grain used to brew beer.

Australian native helps make gluten-free bread “fluffier”  

University of Adelaide research has found that, when used as a natural additive, the mucilage of two native plantago species make gluten-free bread more elastic, which results in “softer, springier” and “fluffier” loaves with more volume.

CSIRO, RISE bouillon research tackles malnutrition

A five-year research project by Australia’s science agency, CSIRO, and RISE Research Institute of Sweden has developed a fortified bouillon cube to reduce malnutrition around the world.

Coca-Cola buys Billson’s Beverages out of VA

The Coca-Cola Company says it will expand into the Australian alcoholic ready-to-drink category with its acquisition of Billson’s Beverages. Billson’s went into voluntary administration in July last year.

Husic reveals first Industry Growth Program recipients

Five food companies are part of the first cohort to receive funding through the federal Industry Growth Program. Harvest B, DFDU, Cauldron Molecules, Forager Automation, and Seastock join 15 other recipients spanning robotics, medical manufacturing, defence, mining, and agriculture.

SPC relists on the ASX

It has been 20 years since SPC was listed on the Australian Securities Exchange (ASX) but this week returned as SPC Global (ASX: SPG) following its merger with The Original Juice Company (OJC) and Nature One Dairy (NOD).

Kellanova ANZ appoints new commercial director

Kellanova Australia and New Zealand (ANZ) has appointed Michelle Leadbetter to Commercial Director, Snacks, ANZ. Leadbetter previously led the Grocery and Convenience channel at Sanofi Healthcare. 

Packaging News

Queensland-based start-up TomKat, the innovator behind KoolPak, the world-first reusable packaging solution for temperature-sensitive and perishable goods incorporating track and trace technology, is relocating to Thailand to set up manufacturing operations. Lindy Hughson spoke to founders Kath and Tom Long about the motivation for the move.

Opal’s Maryvale Mill is at the centre of a standoff between management and the CFMEU union as the two sides negotiate a new enterprise agreement; 300 workers are currently locked out of the facility.

In the sale of Close the Loop to PE fund Adamantem, the exclusivity period has passed. Discussions between the two parties are continuing. Close the Loop is open to offers from other potential buyers.