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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

Pact Group and Aldi are scaling up recycled packaging in Australia, with more than 19 million laundry and cleaning bottles annually to contain up to 50% Australian recycled plastic.

Allied Pinnacle has invested $10m across its Sydney manufacturing operations to increase capacity, improve production speed, and deploy automation – creating a more efficient manufacturing base.

Visy has invested $30 million in a new 2.8-metre-wide corrugator at its Smithfield board factory in Western Sydney, increasing board output by 33 per cent.