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Social enterprise Thankyou took home the 2016 Coolest Company award at the 11th annual Anthill Magazine Cool Company Awards, held in Melbourne this month.

The Anthill Cool Company Awards celebrate businesses that are doing things differently to bring about positive change.

This year’s awards attracted nominations from over 700 organisations, and Thankyou was recognised for "its commitment to positive culture, leadership, trendsetting, and putting attitude to action".

Thankyou was launched in 2008 with the aim of creating consumer products whereby 100 per cent of the profits would be used to help end global poverty.

In eight years, Thankyou has given over $4.8 million to projects and helped over 570,000 people in 18 countries.

Thankyou’s complete product range includes baby, body care, food and water products.

Food & Drink Business

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.