News

Darren Fullerton has been appointed CEO (Australia and New Zealand) for Frucor Suntory. After a brief stint away from F&B, Fullerton returns to his long career in the sector.

Treasury Wine Estates CEO Michael Clarke announced the company is considering a demerger of its Penfolds business into a separately listed company on the ASX by the end of CY21.

Angus McPherson has been announced as the new managing director for Diageo Australian and New Zealand. He will be responsible for the whole business including manufacturing, marketing and sales.

Artificial Intelligence specialist company Complexica works with some of Australia’s largest food and beverage companies on improving their business processes. CEO Matt Michalewicz talks to Kim Berry about how AI is much more than just an algorithm.

Nestlé will delay the closure of the dairy section of its Tongala factory in regional Victoria, as it aims to ensure products remain on shelf for consumers during the COVID-19 pandemic.

Lactalis Australia has moved to 24/7 operations at its Lidcombe milk facility in Sydney’s west with a roll out of four automated guided vehicles from Dematic.

Yume has collaborated with Unilever Food Solutions to develop a new online marketplace for the food service industry and help combat the challenges of food supply availability and market imbalances as a result of COVID-19.

General Mills Australia says it is working with its partners to maintain supply chain networks to meet the demand of consumers pantry-stocking as a response to COVID-19.

Keytone Dairy and Iovate Health Sciences Australia have signed a long-term manufacturing agreement, with $3.6 million in opening orders.

The NSW government has launched a portal for manufacturers who can help fill gaps in the supply of medical equipment and hygiene products in dealing with the pandemic.

Slater and Gordon has issued proceedings on behalf of shareholders against Treasury Wine Estates following its profit downgrade in January, which wiped $3 billion from its market capitalisation.

Four Pillars has launched its own Heads, Tails and Clean Hands hand sanitiser, as well as scaling up production of simple hand sanitiser exclusive to healthcare professionals on the frontline of the fight against COVID-19.

South Australian seafood exporters have welcomed today’s $110 million International Freight Assistance announcement by the Australian government to help them send produce to key markets.

A new edible scaffold made from soy protein is the latest method developed for growing cultured meat, with researchers saying the beef-like product has performed well in preliminary taste tests.

Corporate activity in the food & beverage industry in 1Q20 was significantly impacted by COVID-19, with only four transactions announced compared to 11 in 1Q19, the latest review from Comet Line Consulting says.

Australia’s millennial generation is fast gaining a reputation as a cohort that is demanding more from society, government and itself. Managing director of bakery supplier Bakers Maison Pascal Chaneliere says the food industry has to take notice.