Pure Foods Tasmania has entered a binding agreement to acquire the assets of Brilliant Food Australia, a premium seafood brand. The $300,000 deal adds the brand to the Woodbridge Smokehouse stable and lifts PFT’s revenue base by approximately 24 per cent.
The federal government has decided to defer the phased transition to full cost recovery for export regulatory services for one year, established a new Fertiliser Supply Working Group, and brought forward $6.15 billion in concessional capital to support Australian businesses affected by global disruptions.
Knorr, Hellmann’s, Maille and Frank’s will sit under McCormick’s roof in a transaction that marks Unilever’s exit from food manufacturing and the second-largest food deal in history.
