Ferrero has gained more ground in the US through its acquisition of WK Kellogg for $4.7 billion (US$3.1b). Since 2018, Ferrer has acquired Nestle's US chocolate business for $4.25 billion, Kellogg's cookies and fruit snacks unit for $2 billion, and ice cream company Wells Enterprises.
The Australian Competition & Consumer Commission (ACCC) says it won’t oppose Lactalis’ proposed acquisition of Fonterra’s consumer and food service businesses, if the bid goes ahead. While it would see two of the largest buyers of raw milk combine, the ACCC says it is “unlikely” to result in a lessening of competition.
Winners of the 2025 Melbourne Royal Australian International Spirits Awards have been announced, recognising distilling excellence across Australia and the world. Prohibition Liquor took out the title of Champion Australian Distiller, as well as the Champion Australian Gin trophy.
