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In the news this week: Wing, Vicinity Centres, Vic Govt, Ball & Doggett, Spicers, Synlait, TricorBraun, Cormack Packaging, Birdstone

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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.