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Amazon's deal to buy US supermarket chain Whole Foods Market is likely to further rattle the local food and beverage industry ahead of its Australian launch.

Amazon, which in April confirmed its intention to launch in Australia, bought the US grocery retailer for $US13.7 billion ($18 billion).

The chain, which mostly operates in upmarket locations and markets itself as 'America's healthiest grocery store', has been struggling, according to The Australian Financial Review.

The deal is reportedly the biggest ever for the e-commerce giant, and will significantly lift its bricks and mortar presence.

Packaging News

Mondelez International has marked the 50th anniversary of its Scoresby confectionery factory with an $8m investment in packaging technology to support future growth and manufacturing capability.

A reusable milk keg system that has eliminated millions of plastic bottles has taken out top honours in the inaugural Unpackit Awards, while a controversial plastic-and-aluminium iced drink container has been named Australia's worst packaging.

CCL Industries has completed its acquisition of shrink sleeve specialist Sleever International, strengthening its position in the global packaging and labelling market.