Biripi Capital, Australia’s first Aboriginal-owned private equity firm, has closed an initial tranche of $20 million investment from the Hudson Food Group. It is believed to be the largest impact investment into an Aboriginal business ever made in Australia. Read more
The Fisheries Research and Development Corporation is calling for applications that address the 17 research, development & extension priorities identified by the fishing and aquaculture sector.
Regenerative food company Wide Open Agriculture has raised $20 million through institutional investors. It will use the funds to develop Western Australia’s first oat milk manufacturing plant.
Sustainability and innovation as well as growing great grapes have been the focus of this year’s Top 50 Vineyard of the Year Awards. The awards acknowledge the 6000 grape growers in Australia.
The Australian Competition and Consumer Commission says it won’t oppose JBS Australia’s proposed acquisition of pig processor Rivalea. JBS announced the $175 million deal in June.
The current vice president and general manager of PepsiCo’s US Frito-Lay business Kyle Faulconer is the new CEO of PepsiCo ANZ. He will start in the role in January.
Australian businesses are increasing resources for environmental sustainability by more than 50 per cent, the latest Business Assurance Report by SAI Global says.
The Federal Full Court has dismissed an appeal by Shepparton Partners Collective Operations Pty Ltd (SPC) about an earlier ruling the business had infringed copyright through ongoing use of enterprise resource planning software by QAD Inc.
Around 300 deaths could be avoided every year if five major Australian food manufacturers cut the salt content in their packaged foods, research by The George Institute for Global Health found.
Strong growth in H1 FY22 for Halo Food Co was driven by its consolidated group EBITDA profitability – a 223 per cent increase compared to the previous year and a new record for the group.
The New South Wales government is heightening its surveillance on express and online alcohol delivery operators as businesses start to re-open after Covid lockdowns.
Nestlé has reached 100 per cent renewable electricity across its Australian operations, four years ahead of schedule. Brands like KitKat, Milo and Uncle Toby’s will now be powered by wind energy.
The a2 Milk Company is facing another class action, with Shine Lawyers lodging its claim in the Victorian Supreme Court. It is the second action brought against the company in relation to its poor economic performance. Slater and Gordon lodged its action in October.
The Asia Sustainable Foods Platform will help food-tech companies in Asia scale up production and accelerate growth. ADM is part of the project providing expertise on microbial-based alternative proteins.
The Independent Brewers Association has developed a bespoke sustainability benchmarking tool and best practice guide with Green Industries South Australia and productivity specialist 2XE.
Coles' current CFO Leah Weckert will take on a new role in the company, with Charlie Elias officially taking over the finance executive leadership position from early 2022.
Nestle hopes that a small change to the packaging of its baking chocolate favourites will make a big difference, as its Bakers Choice range set to hit the shelves will now come in downsized flexible packs.