News

McCain, Simplot and Lion are three of five businesses confirmed to be part of the Australian Alliance for Energy Productivity (A2EP) initiative to find new opportunities in renewable energy for process heating in manufacturing.

Fonterra will sell its 50 per cent share in DFE Pharma as part of its strategy to gain more than $1 billion for debt reduction. For CEO Miles Hurrell it is an important milestone in the co-op’s plan to lift itself out of debt.

The latest issue of Food & Drink Business is here. Special features on: Snacks & Confectionery; Ingredients and Food Export will make you hungry, inspired and ambitious for overseas expansion!

Brands are embracing premiumisation as a way to make customers feel valued and special as consumers turn to high-value products, according to the latest GlobalData report.

The a2 Milk Company has announced Race Strauss as its new chief financial officer (CFO). Current CFO Craig Louttit, will stay with the company as deputy CFO.

Coles has recorded a 32 per cent increase in soft plastic recycling during the 2019 financial year, or the equivalent of the earth's circumference.

Two South Australian produce and packaging businesses have developed a 100 per cent biodegradable compostable cucumber wrap.

Managing director of Australian Wine Research Institute Dr Dan Johnson is leaving to take up a position as Pro Vice Chancellor Research Innovation at Macquarie University. Brian Walsh is stepping down as Wine Australia chair.

Keytone Dairy will acquire Australian health and wellness brand Super Cubes for $726,000 plus an earn-out subject to performance milestones. This follows Keytone’s acquisition of Omniblend in June for $22.6 million.

Australia’s largest wine promotion, Aussie Wine Month, was launched in the US by the Australian Women In Wine Awards in Chelsea, New York this week. The awards acknowledge the work of women in the Australian wine community.

Project delivery company Wiley has established an office in Launceston, Tasmania to better service clients in the state.

Former Asahi Premium Beverages CEO Greg Ellery has been appointed chair of Metro Food Co, which manufactures the Keep It Cleaner health food brand.

Experiential marketing start-up Brandcrush has raised $1 million to build its domestic business while further developing its offering in the US.

Federal Treasurer Josh Frydenberg has told Food & Drink Business he won't comment on the proposed takeover of Bellamy's Australia by China's Mengniu Dairy Company.

Perfection Fresh has acquired Queensland-based strawberry distribution and marketing business, Berry Yummy Marketing. It includes exclusive licences to new varieties from Plant Sciences Inc.

Family-owned fresh produce company Montague has announced a $54 million construction for its new packaging and export distribution centre, based in Narre Warren North, Victoria.