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Sydney-based design agency Marque has won gold at the Vertex Awards for its work on a premium cat food brand for Woolworths.

Your Majesty cat food was listed under the 'New Brand' category in the packaging design awards in the US.

Marque also received a silver in the same category for the launch of Woolworths' own pet food brand of Smitten.

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The Woolworths Christmas range and Little Ones nappy range won bronze awards under the 'Holiday or Limited Edition' category and 'Health Care' category, respectively.

Woolworths brand portfolio manager Sophie Challenor said private brands had come a long way in Australia, and Woolworths and Marque had been a solid team.

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"To receive this kind of international recognition is something we can all be really proud of,” she said.

Food & Drink Business

Last week’s Ambitious Australia report is exactly the kind of signal our nation needs. The federal government, industry and innovation minister, Tim Ayres, and everyone who has contributed to this work have put forward a clear and positive vision. It speaks to a more coordinated, better funded, and more purposeful innovation system.

Advanced biomanufacturer, Cauldron Ferm, has raised $19 million in a Series A2 priced round led by Main Sequence Ventures, with participation from Horizons Ventures, SOSV, and NGS Super.

Global consumer goods business, Unilever, has confirmed it is in discussions with McCormick & Co on the sale of its Food business. Both companies have released statements saying while negotiations are ongoing there is no certainty of a deal.