• Company Founder Pic Picot at Naturally Good Food Expo in Sydney.
    Company Founder Pic Picot at Naturally Good Food Expo in Sydney.
Close×

Tapping the on-the-go snacking trend, New Zealand company Pic’s Peanut Butter has launched a range of single-serve ‘shots’ called Peanut Butter Slugs which come in the form of easy-use sachets.

The 30g slugs  –  a first on Aussie shelves – are packaged in a foil laminate sachet featuring an easy-open spout at the top that also prevents leakage.

The sachets also come in a dispenser pack with an easy-open box.

Each 30g sachet contains smooth, natural peanut butter using freshly roasted hioleic peanuts, a pinch of salt, and nothing else, according to the company.

The on-the-go snack includes fats, protein, and fibre in convenient and easy-use packaging.

The pack design was created by Simon Owen from Envisage Design in Nelson, New Zealand, and the dispenser box was designed by Pak World in Christchurch, New Zealand. 

The Pic’s Peanut Butter Slug has an RRP of $1.00 and is currently sold online only, and the company is now accepting expressions of interest from retailers.

There is also a range of Pic’s Peanut Butter in 380g jars of Smooth and Crunchy, which are currently available in Coles, Woolworths and independent grocers.

 

Food & Drink Business

Global yoghurt company, Chobani, has completed a $1 billion (US$650 million) equity capital raise as it plans to expand its manufacturing operations in the US. The raise was advised by law firm Gibson Dunn.

Treasury Wine Estates (TWE) says it is not in a position to revise its guidance for FY16 due to lower-than-expected performance in China and distribution issues in California. The company said it was unlikely to meet FY26 depletion targets for Penfolds in China.

For more than 35 years, family-owned producer, Gourmet Dairy Co., has been manufacturing sauces, dairy and non-dairy products under its own brands and as a contract manufacturer for some of Australia’s most recognised labels. Now, the company is investing more than $1 million to expand its production capabilities and support new product innovation.