The recent Australian Conservation Foundation report into what food companies are doing to assess the nature-related impacts of their operations was sobering. Such a lack of knowledge is not just restricted to nature, instead applying to all aspects of operations. So, how can companies become more aware of their impacts – and is it going to hurt?  

GNT is working to develop new plant-based, sustainable EXBERRY colour solutions for food and drink using unique fermentation technologies.

The earn-out dispute between Maggie Beer Holdings (MBH) and Hampers & Gifts Australia (HGA) has been resolved, with MBH agreeing to pay $2 million cash to the vendors.

Asahi Lifestyle Beverages is partnering with non-profit charity, The Smith Family, to support the education needs of disadvantaged young Australians.

McCormick & Company Australia, has partnered with community partners OzHarvest and Ronald McDonald House Charities Victoria & Tasmania to reduce food waste through rescued ingredients.

Financial reporting season is upon us. Here is a snapshot of how some food and beverage businesses have performed in 4Q24 and FY24, including: Bubs Australia, Top Shelf International, Pure Foods Tasmania, Rare Foods Australia, Yowie Group, The Original Juice Company, Forbidden Foods, Noumi, and Farm Pride Eggs.

Billson’s Beverages has gone into voluntary administration, McGrathNicol Restructuring has been appointed administrator. The company is family owned, based in Beechworth, Victoria and had been operating for seven years.

Wine Australia has released its annual Export Report, showing Australian wine exports have increased in value by 17 per cent. This represents the surge in exports to mainland China, following the lifting of previously imposed tariffs.

New Zealand flour manufacturer, Champion Flour Milling, has hired the country’s first female miller. Huzeinat Shidi is not afraid of firsts, having been the first female miller in Nigeria, before she emigrated to New Zealand.

Managing director of Woolworths Supermarkets, Natalie Davis, has resigned, leaving the FMCG retail world for the health sector, joining Ramsay Health Care as Group CEO. She has been with Woolworths Group for nine years.

FY24 proved to be a positive year for Bubs Australia, with the infant formula manufacturer exceeding its revenue guidance of $80 million and delivering a 34 per cent increase on FY23. Bubs CEO and MD, Reg Weine, said its key target market, the US, delivered “exceptional growth”.

In recent years, the impact of the pandemic and challenging economic factors have caused many products and manufacturers to exit the market and cease operations entirely or be absorbed by other brands. Packserv’s managing director, Nathan Wardell, looks at the challenges and opportunities within the Australian market amidst a shifting landscape.

Vetta will be adding a dash of colour to supermarket shelves from August to October to support the National Breast Cancer Foundation. The Australian pasta brand is releasing special pink pasta packs in its Vetta Smart range.

German software company, Paessler, has appointed Dinesh Senanayake as its new chief operations officer (COO) and chief financial officer (CFO), effective May 2024.

An equity raise by Tasmanian whisky distillery, Lark Distilling, will see Seppeltsfield Wines, owned by Lark director Warren Randall, jump from a 3.8 per cent stake in the company to 19.5 per cent, just shy of the 19.99 per cent needed under takeover rules.

From a parent concerned about the ingredients in snack foods to having her own range stocked in Woolworth’s, Laura Allan is on a mission to be a market leader in healthy snacks for kids.