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Treasury Wine Estates (TWE) says it is dropping the value of its US business by a further $558 million in write-downs. This follows the $687 million of write-downs the wine maker made against the business unit in December 2025. Read more
Welcome to the July edition of PLAY, your monthly wrap-up of the biggest stories shaping Australia's food and beverage manufacturing industry. This month we're looking at court action, a major take-private deal, alleged tomato provenance fraud, new leadership and investment in manufacturing capability. Let's get into it.
With foodpro just weeks away and the Hive Awards winners recently crowned, the latest issue of Food & Drink Business is a reminder that an industry grows stronger when it gets in a room together. Our foodpro preview, Hive Awards review, and wrap of ConTech’s 30th conference are testimony to that. There are profiles of foodpro exhibitors, a spirited Rising Star, industry news and so much more.
Our Top 100 2025 edition of Food & Drink Business magazine is more than the annual flagship Top 100 Report. Industry leaders reflect on the year past and the one ahead, we provide our annual news review, M&A wrap-up, and all the executive moves, and a Roman-inspired sports drink, Posca, is our final Rising Star for 2025.
Food & Drink Business and IBISWorld present this year’s Top 100 companies, a ranking of Australia’s largest food and drink companies by revenue. This year reflects a sector positioning itself for immediate term viability and long-term competitiveness.
Indonesia’s sovereign wealth fund will take a 25 per cent stake in JBS’s Australian and New Zealand operations, with Danantara Investment Management paying $3.5 billion (US$2.5 billion) in equity under a joint venture that gives the world’s largest protein producer up to US$5 billion to fund regional expansion.
Robotic Automation has been acquired by Varley Group, in a move both companies say will strengthen their ability to invest in automation and support Australian manufacturing.
Inghams Group Limited has significantly expanded its Victorian poultry breeding operations by partnering with ProTen, Australia’s largest corporate meat chicken grower.
Endeavour Group’s underlying net profit fell 14.8 per cent to $363 million in preliminary FY26 results, with the drinks retail and hotels group booking $372 million in pre-tax significant items as it puts numbers against the strategy review unveiled in May.
Sydney based, Archie Rose Distilling Co., has been certified as a B Corporation, with the company timing the milestone to its push into export markets.
The family company behind soy milk label, Bonsoy, has unveiled a refreshed brand identity as it approaches 50 years in business.
In an initiative led by Viva Energy in partnership with Nestlé, a limited run of KitKat chocolate bars wrapped in locally manufactured recycled PP is rolling out to stores nationwide, demonstrating the potential for locally collected soft plastics to be returned to food-grade packaging in Australia.
Three Gold awards and a Silver saw RePlay top the medal tally in this year's PIDA awards. But behind the accolades lies an equally important story: the practical challenges of making reusable packaging systems commercially viable.
Australia's peak paper industry association has rebranded as the APPIA, reflecting what it says is the growing importance of fibre-based packaging across Australia and New Zealand.