• Xeikon's Asia Pacific MD Bent Serritslev.
    Xeikon's Asia Pacific MD Bent Serritslev.
Close×

Digital printer developer Xeikon has parted ways with local dealer Absolute Electronics.

The company has announced it will launch its own dedicated sales, service and support operation in Australia and New Zealand next month.

The decision follows print and packaging consumables company Flint Group's acquisition of Xeikon, which helped lay the foundations for Flint’s first significant venture into hardware.

Xeikon's Asia Pacific MD Bent Serritslev said the time was right for a direct sales and service organisation in Australia and New Zealand.

"It will handle the full range of Xeikon digital presses and solutions for labels, folding cartons and commercial printing,” he said.

“Xeikon would like to thank Absolute Electronics for its great long-term service and support in the region, and for helping us to build such a firm foundation.

"We'll work closely with Absolute Electronics during the transitional period to ensure our customers remain a top priority.”

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.