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Twenty-twenty was an eventful year to say the least. As the tumultuous year comes to a close, the world is still reeling from the deadly Covid-19 pandemic, which has impacted every aspect of life and business.

But there was more to this year than disease and strife. Big deals were done, innovations launched, and progress towards sustainability was made.

To read the roundup of the most important stories of the year, published in PKN's Nov-Dec 2020 issue, click here.

Food & Drink Business

Melbourne-based independent brewery, Stomping Ground Brewing Co., has completed a $1.5 million crowd-sourced funding campaign through OnMarket, supported by more than 640 investors. The company is preparing to scale up, as it celebrates a decade of beer.

Australia's largest olive producer, Cobram Estate Olives (CBO), has completed its $250 million acquisition of US-based olive oil producer and marketer, California Olive Ranch (COR), from investment firm, Solum Partners.

The Aquaculture Stewardship Council and Marine Stewardship Council have recognised farms, fisheries, retailers and individuals working to secure the long-term sustainability of Australia’s seafood industry, at the 2026 Sustainable Seafood Awards.