The team that shook up Australia’s cracker market segment is back, this time with the snack category in its sights. After selling Gourmet Food Holdings and brands including OB Finest and Olina’s Bakehouse to Mondēlez International in early 2021, the seasoned FMCG operators have launched SnackHQ and its first brand, ReFil.
Victorian food manufacturer and distributor, Katoomba Global Foods (KG Foods), has acquired Paris Creek Farms (PCF) from Maggie Beer Holdings (MBH), three years after the company first announced it would offload its dairy assets.
The latest research from IWSR has shown that overall growth is slowing in Asia Pacific’s beverage alcohol scene. A market that has previously been strongly driven by Australia is undergoing significant change as alcohol consumption declines, with emerging regions taking the lead.
