Murray River Organics has partnered with Coles to enter the $1 billion breakfast cereal category, with the consumer brand launch of a new range of organic mueslis in 800 stores nationwide. It is expected to raise $5 to $6 million in revenue per annum. Read more
Coca-Cola Amatil continues to feel “significant volatility” across all markets as a result of the COVID-19 pandemic, with group volume of beverages sold down by 33 per cent in April.
Australia’s largest producer of certified organic milk, Organic Dairy Farmers of Australia (ODFA), has entered voluntary administration. It is estimated it has more than $11.5 million in debts.
Nestlé has invested more than 100 million Swiss Francs (AU$155.6 million) in a significant expansion of its operations in China. While growing its existing pet food plant in Tianjin, it will also develop new production facility – the company’s first in Asia – for plant-based products.
Yowie Group has proposed a four per cent share capital return. Company secretary Neville Bassett said the decision reflected the board’s consideration that Yowie had surplus capital in excess of its working capital requirements.
Meal kit company Marley Spoon has added snacks to its home delivery service. The snacks are designed to be made at home and will launch on 1 June.
Latina Fresh Australia has joined the ranks of food and beverage businesses supporting Foodbank Australia as it experiences a significant increase in demand due to COVID-19.
Brewery giant Lion is bringing the US brand White Claw Hard Seltzer to Australia in a partnership with Mark Anthony Brands International. It adds another variety in the growing seltzer category.
Australian consumer-voted awards program Product of the Year (POY) is celebrating World Product Day with the release of its Top 10 Round Up of Australia’s favourite products. All products are previous winners of POY, showcasing how the market has evolved over the past decade.
COVID-19 has provided the disruption needed to change thinking around Australian manufacturing, Federal Minister for Industry, Science and Technology Karen Andrews said in her National Press Club address (20 May). Andrews said disruption to global supply chains was a wake-up call for many businesses.
Fonterra Co-operative Group recorded $815 million normalised earnings before interest and tax for the nine months to 30 April. CEO Miles Hurrell said it was a $301 million increase on the corresponding period last year.
Consultancy firm BMA Group is hosting a webinar on managing costs in times of uncertainty on 28 May.
A pick-and-mix dog treat bar is just one feature of the new Coles Local in Rose Bay, Sydney. The Local format is tailored to the area, partnering with local food businesses to meet the needs of local residents.
Meluka Australia has officially expanded into the US with its bio-fermented honey and lemon concentrate, following the producer’s listing as one of the top 10 honey sellers on Amazon US earlier in the month.
Pitango has partnered with meat-free company Sunfed Foods to create its new chicken-free chicken soup, made from yellow pea protein.
With two major recalls of juice brands in the last week, global head of food and beverage at ABB Tatjana Milenovic looks at what companies can do to mitigate the risk of recall.