This week’s Top 5 stories

Take a look at the stories that caught everyone’s attention on the Food & Drink Business website this week: Woolworths CEO Brad Banducci resigns; shifts in the plant-based meat landscape; merged businesses form Fonterra Oceania; Bega relocates Betta Milk manufacturing to Hobart; and Wide Open Agriculture looks to offload its retail brand. 

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Packaging News

Melbourne-based sustainable packaging company Great Wrap has entered voluntary administration with debts of about AU$39 million, following years of financial losses and shifting market conditions.

Jamestrong Packaging has officially opened its new $8m aluminium casting line at Taree, NSW, reshaping Australia’s aerosol packaging supply chain by bringing aluminium slug production back onshore.

Australian packaging innovator TomKat Global Solutions has opened expressions of interest for its upcoming wholesale equity raise, as it seeks to accelerate the global commercial rollout of its KoolPak reusable packaging system.