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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

Opal is bringing high-speed printing, AI-enabled automation and lower-waste production to its new Moorebank facility, strengthening local folding carton manufacturing and the competitiveness of Australia's packaging supply chain.

iQRenew has called on Environment Minister Murray Watt to introduce an emergency support plan, warning that its recycling facility could close within weeks as a shortage of feedstock threatens its viability.

Fromm Packaging Australia has strengthened its presence and service capabilities across WA with the acquisition of Prime Packaging, an established packaging supplier based in Canning Vale.