This week’s Top 5 stories

Take a look at the stories that caught everyone’s attention on the Food & Drink Business website this week: Fonterra and Nestlé sell joint venture; ABCo acquires RTD brand Ampersand Projects; NewCold acquires refrigerated transport specialist Karras; study finds incomplete uptake of mandatory pregnancy warning labels on RTDs; and Bod Science makes a water soluble breakthrough.  

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Packaging News

Birds Eye has committed to sourcing post-consumer recycled (PCR) material as part of its broader sustainable packaging journey, commencing with plastic steam bags.

A new national circular economy framework will be released by the end of the year, which will outline innovations and priorities needed for the country to transition.

Raphael Geminder’s $234m bid to take full control of Pact fell short of the 90 per cent ownership he needed on Friday, resulting in the share price dropping by 9 per cent in trading this week.