Unilever reviews its Australia and New Zealand ice cream business unit

AUSTRALIA – Unilever has announced an extensive review of its Australia and New Zealand ice cream business unit as the company seeks to cushion the business from volatility in the ice cream market. The company […]

Britain’s Sainsbury’s signs private label deal with Australian retailer Coles

UK – British supermarket group, Sainsbury’s has signed a major deal to supply private label products to Australia’s second largest retail chain Coles. The arrangement, which Sainsbury’s says is its biggest wholesale deal yet, will […]

SIG Combibloc to acquire Visy Cartons in Australia for US$48m

AUSTRALIA – Aseptic carton packaging manufacturer, SIG Combibloc has reached agreement to acquire Visy Cartons from VisyPak Operations, a subsidiary of Pratt Consolidated Holdings, for AU$70 million (US$48.29 million). Pratt Consolidated Holdings is a privately-owned […]

Australia’s Wattle Health forms joint venture with Chinese dairy company

CHINA – Wattle Health, an Australian nutritional products maker has formed a joint venture with state-backed Chinese dairy company, Nouriz Fine Food to manufacture and sell a range of certified Australian organic nutritional dairy products in […]

Australian scientists develop new method for efficient production of drought-resilient wheat

AUSTRALIA – Australian scientists have developed a new method that could help breeders develop drought-resilient crops quickly, cheaply and accurately. The scientists, from The Australian National University (ANU), ARC Centre of Excellence in Plant Energy […]

CBH completes US$164m expansion to enhance supply chain efficiency

AUSTRALIA – Australia’s leading grain merchant, CBH Group has invested A$240 million (US$164m) in the network this year to enhance supply chain efficiency, maintain the network and expand storage capacity. The investment, which is the […]

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 […]