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 […]

Campbell sells Arnott’s and some international assets to KRR for US$2.2bn

AUSTRALIA – Campbell Soup Company has signed an agreement to sell its Australian snacks unit Arnott’s and some of its international operations to investment firm KKR for US$2.2 billion. Under the terms of the agreement, […]

Campbell sells Arnott’s and some international assets to KRR for US$2.2bn

AUSTRALIA – Campbell Soup Company has signed an agreement to sell its Australian snacks unit Arnott’s and some of its international operations to investment firm KKR for US$2.2 billion. Under the terms of the agreement, […]

South African retailer Woolworths exits Ghana in second retreat from West Africa

GHANA – Woolworths, a South African based retailer has closed down its operation in Ghana as it moves closer to consolidating its share across other African markets. Woolworths, which retails organic foods and designer clothing, […]

AB InBev to sell Australian business to Asahi Group for US$11.3b

AUSTRALIA – AB InBev has agreed to sell its Australian business unit, Carlton & United Breweries (CUB) to Asahi Group Holdings, Ltd for AUD 16 billion (US$11.3 billion). As part of the transaction, AB InBev […]

Coca-Cola Amatil unveils 100% recycled bottle for carbonated drinks

AUSTRALIA – Coca-Cola Amatil (CCA) has announced that it has produced Australia’s first 100% recycled plastic bottle for carbonated beverages in a move towards sustainable packaging. This follows successful launch of 100% recycled plastic packaging […]

GrainCorp announces leadership changes following proposed demerger

AUSTRALIA – GrainCorp has announced several leadership changes to its board and executive roles following the proposal to demerge its Malt business. On condition that the demerger proceeds, Graham Bradley AM will be appointed as […]

Keytone Dairy acquires UHT drinks maker Omniblend for US$15.5m

AUSTRALIA – Keytone Dairy, leading dairy manufacturer in New Zealand and Australia has entered into a binding agreement to acquire Australian UHT drinks manufacturer for US$15.5 million (AUD 22.6 million). The acquisition will be funded […]

GrainCorp inks deal to reduce cash flow volatility in grain production

AUSTRALIA – Grain and commodities storage company, GrainCorp has announced that it has signed a 10-year contract to manage the risk associated with the volatility of eastern Australian winter grain production. The deal targets to […]