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Food & Drink Business brings you its Top 5 stories from the food and beverage manufacturing sector. This week: Four Pillars sells to Lion, Bubs' 5-year supply, Costa Group, TWE's water deal, and Happy Little Vegemites. 

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Packaging News

Australian packaging machinery manufacturer Packserv has forged a new strategic alliance with FP Developments, making its equipment directly available to customers across the United States.

Tetra Pak is investing €60 million in a new pilot plant in Lund, Sweden, to advance development of an aseptic carton material that replaces the traditional aluminium foil layer with a paper-based barrier.

The Australian and New Zealand businesses of Pro-Pac Packaging (PPG), excluding Perfection Packaging, have been sold to Consolidated Packaging Australia, a subsidiary of Knoxcorp, the privately owned Australian investment company headed by Jim Knox.