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 […]

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 […]