US-based infant formula manufacturer Mead Johnson has agreed to acquire spray drying and finishing capabilities from Australian food group Bega Cheese for A$200m. The deal includes one of Bega Cheese's spray dryers at Tatura and an infant ...
Tags: Cheese, infant formula
Biscuit producer Arnott's has lodged Federal Court action against ice cream manufacturer Streets, owned by Unilever, in an attempt to block the sale of its mint slice ice cream. The two companies had previously engaged in deals to ...
The ASX-listed Bindaree Beef Group has won four medals at the 2016 Australian Food Awards held in Melbourne this week. From a field of over 25 entries, Bindaree’s Cape Byron Angus Beef won the gold medal for the Branded Beef ...
Tags: Bindaree Beef, Beef
Lenard’s Chicken has kicked off its expansion plans, opening eight new redesigned stores across Australia. The stores are the first in a plan to open a further 10 by the end of the 2016 calendar year. Lenard’s says it is ...
Tags: Lenard's Chicken, Expansion Plans
McDonald’s global turnaround is coming to fruition. The global re-vitalisation is being driven by the new management headquartered in Chicago. There are numerous lessons that can be learnt on how big companies can successfully ...
Pepsi in the US has decided to re-introduce aspartame sweetened soft drink after axing it a year ago. In August 2015, Pepsi Co US decided to remove the artificial sweetener from its diet Pepsi beverages after it said consumers wanted the ...
Tags: Pepsi, soft drink
A J.Walter Thompson Intelligence (JWTI) report on the Summer Fancy Food Show, North America’s largest speciality food and beverage event held annually in New York, shows a mix of new and retro in the latest in food trends. Protein ...
Tags: Meat-Based Products, beverage
ASX-listed Clean Seas Tuna has increased its sales for the 2016 financial year by 83 per cent when compared to the2015 financial year. Clean Seas Tuna, Australia’s only commercial producer of kingfish, said its sales volumes ...
Tags: Clean Seas Tuna, Kingfish
Despite indications the poll would be close, the London financial community has been dumbfounded by the decision of a majority of British voters to leave the European Union (EU). However, advocates of the 'Remain Case' were not ...
Tags: Food Producers, Beverage, Brexit
The Australian Competition and Consumer Commission (ACCC) has initiated legal proceedings against Heinz over nutritional claims made on its Little Kids Shredz infant food range. Little Shredz have been sold in major Australian ...
Tags: young children, Shreadz products
The A2 Milk Company is suing beverage company, Lion, for using the statement, “naturally contains A2 protein”. The A2 Milk Company markets its milk and dairy products based on the fact it only contains the A2 milk protein, ...
Tags: A2 Milk Company, protein
A new joint survey from UBS and the Australian Food and Grocery Council (AFGC) has found Australian supermarket suppliers are investing in new product development as a top priority. In releasing the results of the latest ‘UBS-AFGC ...
Tags: grocery sector, export opportunities, offshore wind farm
China has announced it is delaying the introduction of regulations which would apply to cross-border e-commerce purchases of Australian food products. e-commerce product distribution compliance The new laws are to be delayed until May ...
Cold beer usually goes hand-and-hand with summer but at least 38.1 per cent of Australians continue to drink beer every month no matter the weather, says new data from Roy Morgan Research. Three-quarters of these beer drinkers are men, ...
Tags: beer, drinking habits
New data from IBISWorld shows the Australian egg farming industry is expected to generate AUD $759.6 million in revenue in 2015-16. According to IBISWorld, in the five years leading up to 2015-16, Australia’s free range egg ...
Tags: egg, farming industry, cage egg