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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

QLM Group has acquired the assets of coffee packaging specialist Roastar, including the distribution rights to the PrimeVent degassing valve system, strengthening its coffee packaging capability.

The Australian Packaging Covenant Organisation has announced that CEO Chris Foley will step down at the end of November, following four years in the role during a pivotal period for packaging policy and regulatory reform.

Pact Group has urged a Senate Inquiry to support mandatory national packaging regulation in order to drive sufficient demand for recycled content and investment in Australia's circular economy.