PLAY PKN: Video Bulletin 28 February

In the news: five:am, IVE Group, Close the Loop, Zoono, OSY Group, TomKat Koolpack, Segi Fresh, Containers for Change, Hirsch Wine Group, Alfatek.

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Food & Drink Business

Treasury Wine Estates (TWE) says it is dropping the value of its US business by a further $558 million in write-downs. This follows the $687 million of write-downs the wine maker made against the business unit in December 2025.  

Indonesia’s sovereign wealth fund will take a 25 per cent stake in JBS’s Australian and New Zealand operations, with Danantara Investment Management paying $3.5 billion (US$2.5 billion) in equity under a joint venture that gives the world’s largest protein producer up to US$5 billion to fund regional expansion.

Robotic Automation has been acquired by Varley Group, in a move both companies say will strengthen their ability to invest in automation and support Australian manufacturing.