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Visy has opened a new office in Essendon Fields, Victoria, with carpet tiles derived from more than 50,000 recycled plastic bottles.

The office, opened by Visy co-owner Fiona Geminder and COO Mark DeWitt last week, uses Inter EcoSoft carpet tiles composed of material from 54,500 plastic bottles diverted from landfill, as well as recycled wall panels, kitchen stools and chairs made from 80 per cent recycled HDPE plastic.

It will house employees from HR, IT, International Operations, Accounts Payable/Receivable, and Procurement, in what the company bills as an enjoyable, inclusive and efficient working environment that fosters collaboration and promotes diversity.

Video conferencing units and team boards will allow connectivity to sites across Australia, New Zealand, Singapore and China.

 

Food & Drink Business

The Australian Institute of Food Science and Technology’s flagship annual convention, AIFST26, will run concurrently with foodpro 2026 on 27-28 July at the Melbourne Convention & Exhibition Centre.

Cobram Estate Olives (CBO) has formally claimed a purchase price adjustment of up to US$31.9 million on its California Olive Ranch (COR) acquisition and expects to pay no earn-out on the deal, as the Australian producer works through the completion of its largest ever transaction.

Maggie Beer Holdings (MBH) has pushed back the expected timing of its proposed $10 million sale of Hampers and Gifts Australia (HGA), with completion now targeted for February 2027 rather than a binding agreement signed by the end of this month.