Australian packaging firm Orora to sell its fibre business for US$1.15bn

AUSTRALIA – Orora Ltd, an Australian packaging maker has agreed to sell its local fibre materials business to Japan’s Nippon Paper Industries for A$1.72 billion (US$1.15 billion). The sale of the business is set to […]

New Zealand’s plant-based meat firm Sunfed enters Australian market

NEW ZEALAND – Sunfed Meats, a New Zealand plant-based met company has launched its Chicken Free Chicken in Australia to augment its global expansion ambitions. The expansion into the market forms part of Sunfed’s key […]

OpenSC raises US$4m to advance traceability technology in the food industry

AUSTRALIA – Impact investor, OpenSC has raised US$4 million in seed funding to further the development of its digital platform, which leverages blockchain and other technologies for tracking food and food products. Following a successful […]

Mengniu Dairy offers to acquire infant formula producer Bellamy’s for US$1bn

CHINA – Mengniu Dairy one of China’s largest dairy companies has offered to acquire Australia’s leading organic infant formula producer, Bellamy’s for approximately AUS1.5 billion ($1 billion). Bellamy’s said its board has unanimously recommended shareholders […]

AB InBev’s Carlton & United Breweries acquires Riot Wine to expand portfolio

AUSTRALIA – Brewing giant Carlton & United Breweries, a subsidiary of AB InBeV has acquired Australian wine company Riot Wine Co, for an undisclosed sum. The deal marks Carlton & United Breweries’ entry into the […]

Coca-Cola Amatil shuffles alcohol & coffee businesses in restructuring plan

AUSTRALIA – Coca-Cola Amatil (CCA) has reorganised its alcohol and coffee portfolios into the larger Australian beverages segment as it continues a wider restructure. The company has announced that its alcohol and coffee division, one […]

Nestlé to close Australian facility as expansion in Brazil gains traction

AUSTRALIA – Nestlé has announced that it will be closing its Tongala processing plant in Victoria, Australia and move the facility’s operation overseas. The closure of the facility, which primarily produces tinned milk products, will […]

A2 Milk reports 41.4% growth in revenues boosted by performance in China

NEW ZEALAND – The milk and infant formula products company, A2 Milk reported a 41.4% growth in full year revenue to US$830.2 million (NZD1.3 billion), on strong results in China. During the most recent twelve […]

Danone’s Nutricia debuts first ‘Karicare Toddler Sheep Milk’ formulation

AUSTRALIA – Danone’s Nutricia, global leader in specialised nutrition has launched its first Karicare Toddler Sheep Milk formulation in Australia. Nutricia said that the launch of the product represents “a significant step for the New […]

KitKat Chocolatory releases limited edition of rare volcanic chocolate bar

AUSTRALIA – Nestlé’s KitKat Chocolatory has released a new limited-edition range, KitKat Chocolatory Sublime Volcanic, made from one of the world’s rarest cocoas. The KitKat Chocolatory Sublime Volcanic is so named as the cocoa has been sourced […]