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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 has taken a step forward in its net zero strategy, partnering with Delorean Corporation to investigate whether organic waste from its Maryvale Paper Mill can be converted into renewable bio-gas.

AWA Alexander Watson Associates has strengthened its position in the fast-growing smart packaging sector with the acquisition of AIPIA, the Active & Intelligent Packaging Industry Association.

WPO has marked a milestone at COP30 in Brazil, placing the role of packaging squarely on the global climate agenda – and directly linking it to food loss, food security, and sustainable development.