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Noumi has lifted net revenue 8.8 per cent to $648.4 million and adjusted operating EBITDA 7.6 per cent to $61.8 million in FY26, in what is likely its final full year result as a listed company. Read more
Yellow Tail winemaker Casella Family Brands has denied rumours it is selling its business, telling Food & Drink Business it, “will continue to invest in the growth of its portfolio of brands”.
The digital edition of our bumper June edition is now available for your reading pleasure.
Vaughan Constructions has been awarded the contract to build Australia's largest distribution centre for German supermarket company, Kaufland. The $255 million facility will include more than 117,000 square metres of building area.
Sometimes a brand or a product line gets a bad rap. Ritas, Anheuser-Busch’s range of margaritas in a can has taken not-so-positive comments about it head on, with a full-page ad in The New York Times and a one-minute video clip.
Foodmach chief customer officer Earle Roberts has been appointed CEO as of 1 July, after delivering a string of recent successes for the company.
Asahi Beverages is suing a Victorian food manufacturer for allegedly producing mouldy iced tea, after shoppers found “cotton ball-like” chunks in the drink. The Real Iced Tea products were recalled from supermarkets.
Woolworths has launched a partnership with UK-based food tech start-up Spoon Guru. Spoon Guru’s artificial intelligence (AI) patented software helps online retailers help consumers find the right foods through machine learning, nutritional and labelling information.
Coca-Cola Amatil announced it has reached its goal of women holding 30 per cent of board, senior executive and management positions in the company, ahead of its 2020 target.
Coles Group announced it will cut $1 billion from business costs by 2023, during a strategy update on 18 June. Savings were needed to offset rising costs of wages and utilities, Coles chief executive Steven Cain says.
The Australian Made, Australian Grown logo – the famous green and gold kangaroo – is now a registered trademark in Hong Kong.
Food tech start-up Fresho has raised $9 million in funding from private investors. The tech platform allows food distributors, wholesalers and processors to automate their ordering, invoicing and warehouse management, to improve efficiency.
Pernod Ricard Winemakers has partnered with South Australian based company Complexica, an artificial intelligence (AI) software specialist, to digitise and globally optimise its supply chain.
New Zealand based dairy manufacturer Keytone Dairy will acquire Omniblend for $22.6 million, with the potential for an additional $30 million, subject to Omniblend's performance milestones achievements.
Planet Ark has endorsed Alliance Paper's Rollo Wrap, an environmentally friendly alternative to plastic-lined paper packaging used for food applications
AB-InBev has launched a new can design for Corona Extra beer, doing away with external plastic packaging.
Murray River Organics has announced “the strengthening of its China export strategy”, following a new partnership deal expected to be worth more than $6.5 million in sales over the next three years.