News

The long running case between Kraft Heinz and Bega Cheese over the trade dress used on peanut butter products has ended with the High Court of Australia ruling in Bega's favour.

Mitolo Family Farms was inducted in the Hall of Fame, while Never Never Distilling Co and Dinko Tuna Farmers were among winners at the 2020 South Australian Premier’s Food & Beverage Industry Awards.

Australian Primary Hemp (APH) has secured national distribution with 7-Eleven for its Mt. Elephant hemp seed and nut bars. It is expected to generate an annual sales volume between $1-1.4 million.

Nestlé will rebrand its Allen’s Red Skins to Red Ripper and Chicos to Cheekies, changing the names “due to overtones which are out of step with the company’s values”.

Costa Group has announced Sean Hallahan will be its new CEO and managing director from 31 March 2021. Hallahan has been the company’s COO since October 2017.

Synlait Milk is seeking to raise NZ$200 million, including a NZ$20 million share purchase plan (SPP), as it secures a new manufacturing supply agreement with an undisclosed multinational customer.

Buderim Group has announced it is undertaking a capital raise up to $6.2m to fund its updated business plan as a health and plant protein company, anchored by its macadamia business.

The Australian Food and Grocery Council will develop Australia’s largest industry-led plastic recycling scheme to collect and recycle nearly 190,000 tonnes of plastic packaging a year by 2025.

Mighty Craft (formerly Founders First) has announced it will invest up to $1.5 million into Slipstream Brewing Co. to accelerate its growth.

The peak body for the seafood industry, Seafood Industry Australia (SIA), has launched the first national flagship brand for the sector – Great Australian Seafood.

Top Shelf International has announced it will raise $47.2 million for its initial public offering. The company said the book for the IPO was anchored by a large spread of tier one institutional investors.

Riverland Wine will become the first Australian wine region to launch an immersive virtual reality experience, Riverland on the Verge, to stimulate visitors both domestically and internationally to visit the region.

Calabria Family Wines has acquired three wine brands from Wingara Wine Group, part of Henkell Freixenet, for an undisclosed sum. The portfolio is Deakin Estate, La La Land and Azahara.

Coopers Brewery has recovered its profit-before-tax by around $11 million for 2019-20 to $34.3 million, compared to last financial year, as total beer sales increased by 3.9 per cent.

The National Association for Sustainable Agriculture, Australia (NASAA) has welcomed industry identities Tim Marshall and Mark Anderson to the Organic Board during its annual general meeting.

A quarter of Australians don’t know how to recycle soft plastics, research by Kellogg’s Australia has revealed. More than half those surveyed weren’t aware soft plastics could be recycled into every day things.