Maggie Beer Holdings reported $88.7 million in revenue for FY23, a 1.4 per cent drop on last year, and wrote down Hampers & Gifts (HGA) by $12.5 million.

Bega has acquired Betta Milk and Meander Valley Dairy from TasFoods for $11 million. The deal includes the brands, plant and equipment, and a perpetual, royalty free licence to use the Pyengana Dairy brand.

Sprout Organic has entered a new distribution deal with Australian Pharmaceutical Industries (API), expanding its availability through the networks of Soul Pattinson and Priceline Pharmacies.

The rise of plant-based diets reflects the era we are in, where health and environmental consciousness reign supreme. This seismic shift has seen a proliferation of plant-based food manufacturers along with questions about how these products are made. As the industry experiences a recalibration, founder and CEO of mushroom-based food company Fascin8foods, Jenny Joseph, reflects on the sector and the role mushroom-based innovation can play.

Orora’s $110m investment in expanding its aluminium can manufacturing capability at its Dandenong and Ballarat plants was part-funded by a grant from the Victorian Government, whose ministers toured the new multi-size can facility this week.

Fine Food Australia will showcase a range of homegrown food and beverage manufacturers, with 18 NSW-based companies who manufacture products locally receiving support to attend.

Australians can now purchase Ārepa at BP service stations in 300 locations nationwide. Ārepa’s Performance and Calm and Clarity (sparkling) drinks will be on the shelves at BP from this week.

The Food & Drink Business August/September magazine edition has landed. We provide a full and thorough debrief on foodpro 2023, call on the experts to discuss cultivated meat, look back on the first five years of Fight Food Waste, and more.

Fresh produce business Costa Group has postponed the release if its 1HCY23 results to 31 August, with a possible acquisition by Paine Schwartz Partners still on the cards.

In a year not without its challenges, Bega Group reported a 12 per cent jump in revenue for FY23 to $3.4 billion. Chair Barry Irwin suggested “dynamic” as the most appropriate way to describe the time.

A more stable environment, albeit with lingering supply chain challenges and inflationary impacts, saw Woolworths Group sales increase by 5.7 per cent to $64.29 billion, largely due to the Australian food business.

South Australian family-owned winery Wirra Wirra has signed a new US distribution agreement with international wine giant E. & J. Gallo Winery. Industry body Wine Australia has called it a ‘visionary’ partnership.

Food and grocery might be the country’s largest manufacturing sector, but years of pandemic, supply chain, weather, and inflationary impacts have taken a toll, AFGC’s latest State of Industry report shows.

SecondBite has launched its inaugural 21-day ‘No Food Waste Challenge’, with every dollar raised helping to provide up to five nutritious meals for Australians in need.

Kerry has signed a partnership with Unigrain to support the creation of more high quality sustainable dairy alternative products, and enhance market growth for the plant-based category in Asia Pacific.

Coles Group's sales revenue increased almost six per cent to $40.5 billion dollars in FY23, with Supermarkets sales revenue up 6.1 per cent. Coles said food price inflation dropped in 4Q to 5.8 per cent from a high of 7.4 per cent in 1H.