News

Israeli foodtech innovator, Ever After Foods (EAF), is undertaking a cultivated meat collaboration with global equipment manufacturer, Bühler, aiming to help food producers around the globe produce cultivated meat efficiently at mass scale.

The Colgate-Palmolive company has agreed to acquire Care TopCo, owner of the Australian Prime100 pet food brand, as a complementary investment to its current portfolio. The deal valued the business at almost $500 million.

Fonterra Co-operative Group CEO, Miles Hurrell, said the co-op is still pursuing a divestment of its consumer business and integrated businesses Fonterra Oceania and Sri Lanka, considering a trade sale or an Initial Public Offering (IPO).

The latest research from data analytics company, Euromonitor International, has shown Asia Pacific and Australasia as a whole are being challenged by low consumer demand for snacks, following years of inflation. Head of snacks , Carl Quash III, discusses the rise of digital platforms in snack marketing.

Treasury Wine Estates premium brand, Penfolds, has appointed Simon O’Donnell to a global role as director of commercial strategy & planning, transitioning from his previous position of sales director ANZ.

From printing to publishing, Yaffa Media has always been about its people and niche audiences. Founded in 1925, it is one of Australia’s largest independent media companies. This year marks a centenary of storytelling.

Cultured meat start-up, Magic Valley, has received a $100,000 government grant through the Industry Growth Program, which the company says will directly support the scaling up of its production capacity and refining processes to prepare for commercialisation.

There are four days left to get entries in for The Hive Awards 2025. We give you some tips in pulling together your submission and five solid reasons for applying. Hop to it!

The a2 Milk Company (a2MC) achieved several milestones in 1H FY25, including double digit revenue growth, declaring its first dividend, and upgrading its full year revenue and earnings guidance.

CSIRO has focused on supporting Queensland businesses in its latest Innovate to Grow round, a free R&D training program helping small to medium-sized enterprises (SMEs) transform ideas into research-ready projects. Applications close 16 March.

Infant formula company, Nuchev Limited, has appointed Nathan Cheong as its new CEO, taking up the role from Mick Myers, who will transition to COO in conjunction with his previous position as CFO.

Entries are now open for the 2025 Hive Awards, and close 21 February. Check out 2024's Business Excellence Award (Headcount <75) winner, Kommunity Brew.

A selection of Victorian wineries will be featured at the world’s largest wine museum in France as part of a two-year partnership with the Victorian government.

With Coca-Cola’s acquisition of Billson’s Beverages finalising, Coca-Cola Europacific Partners (CCEP) is taking on the responsibilities of sales and distribution for the brand’s range of alcoholic ready-to-drink (ARTD) beverages. In an exclusive with Food & Drink Business, CCEP general manager – Licensed, Australia, Mitchell Lenaghan, and Coca‑Cola vice president of ARTD, ASEAN and South Pacific (ASP), Matthias Blume, explain what it means for the business.

Victorian distillers are set to receive government support to expand production, with the opening of applications for the Business Growth Fit-for Purpose grants, as part of the $20 million Distillery Door Program launched in 2021.

The Senate Committee has released its report on the National Organic Standard Bill 2024, which took 26 submissions from stakeholders into consideration to decide how to proceed with regulating organic products in Australia.