PLAY PKN: Video Bulletin 30 June

In the news: Recopak, Pact Group, Aldi Australia, Australian Packaging Covenant Organisation - 2023 APCO Annual Awards, Australian Packaging and Processing Machinery Association - APPMA Awards of Excellence, Australian Institute of Packaging - new president.

Brought to you by Ball & Doggett.

Food & Drink Business

Advanced biomanufacturer, Cauldron Ferm, has raised $13.25 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.