• Magdy El Dessouky previously worked for a value-added packaging solutions provider.
    Magdy El Dessouky previously worked for a value-added packaging solutions provider.
Close×

Processing and packaging solutions provider tna has appointed Magdy El Dessouky as its new Australian general manager.

El Dessouky has 15 years’ experience in customer service and business development, including various roles for a value-added packaging solutions provider.

He will provide on-the-ground service and technology support to customers in the region.

Tna managing director Michael Green said the company valued El Dessouky's background in technical sales engineering.

“He has since held various management positions across Europe, the Middle East, the US and Africa,” he said.

“His extensive global experience and passion for results will ensure that customers receive the best in simple, flexible and high-performance innovations and solutions.

“The food manufacturing industry is an integral part of the Australian economy and Magdy’s appointment will support the growth and long-lasting success of our customers in the region.”

El Dessouky assumes responsibility for all Australian operations and will be based in Sydney.

Food & Drink Business

Advanced biomanufacturer, Cauldron Ferm, has raised $19 million in a Series A2 priced round led by Main Sequence Ventures, with participation from Horizons Ventures, SOSV, and NGS Super.

Global consumer goods business, Unilever, has confirmed it is in discussions with McCormick & Co on the sale of its Food business. Both companies have released statements saying while negotiations are ongoing there is no certainty of a deal.

Australian organisations could gain access to the world’s largest pooled research fund by early 2027, as the federal government begins treaty negotiations on association to Horizon Europe, the European Union’s $155 billion flagship research and innovation funding program.