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 […]

Coca-Cola Amatil sells SPC fruit and vegetable business for US$27.9m

AUSTRALIA – Coca-Cola Amatil has agreed to sell its SPC fruit and vegetable business to Shepparton Partners Collective and its group of companies in a deal worth AUD 40 million (US$27.9 million). The sale of […]

Bubs Australia partners Fonterra to produce first organic infant formula

AUSTRALIA – Bubs Australia has partnered with New Zealand’s dairy co-operative, Fonterra to launch certified organic grass-fed cow milk infant formula in Australia. Bubs Australia has entered into a supply agreement with Fonterra to produce […]

Coca-Cola Amatil on track to use 60% renewable energy by 2020

AUSTRALIA – Coca-Cola Amatil (CCA) has announced that it is on track to source 60 per cent of its energy from low-carbon and renewable by next year, as part of its push to improve manufacturing […]

Saputo to acquire Lion Dairy’s specialty cheese business for US$197m

AUSTRALIA – Canadian dairy company, Saputo has entered into a definitive agreement to acquire the specialty cheese business of Australia’s Lion-Dairy & Drinks Pty Ltd for US$196.9 million (AUD 280 million). The sale to Saputo […]

Coca-Cola Amatil pledges to use 70% recycled plastic bottles by 2019

AUSTRALIA – Coca-Cola Amatil has announced that it targets to make 70% of its plastic bottles entirely from recycled plastic by the end of 2019 as it looks to improve its environmental carbon footprint. The […]

CBH Group appoints Simon Stead as Deputy Chairman of the Board

AUSTRALIA – Australia’s leading grain handler, CBH Group has appointed member director Simon Stead as deputy chairman of the board, effective immediately. Mr Stead has been a Member Director of the CBH Board since 2015 […]

GrainCorp plans to demerge global malting business in portfolio review

AUSTRALIA – Australia’s grain and commodities supplier, GrainCorp has announced intentions to demerge its global malting business to form MaltCo to enable a more strategic focus on the division. The strategic portfolio review will see […]

Bubs Australia to acquire infant formula producer Deloraine Dairy

AUSTRALIA – The Australian infant-formula and baby-food company, Bubs Australia has agreed to fully acquire infant formula peer producer Australia Deloraine Dairy (Deloraine) as it looks to expand its products range. The transaction will be […]

CBH Group receives second largest harvest on record at 16.4 million tons

AUSTRALIA – Leading Australian grain merchant, CBH Group has completed its second biggest harvest on record with 16.4 million tonnes of grain received across the CBH network during the 2018-19 season. According to CBH General […]