Close×

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

Brought to you by KM Packaging

 

Food & Drink Business

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.

Fonterra Co-operative Group has completed the sale of Mainland Group to French dairy giant Lactalis, closing a divestment process that began in mid-2024 when the co-op announced a strategic shift to become a pure-play global B2B dairy provider.

A potential combination of the world’s second and fifth largest spirits companies would create a $43.6 billion (US$30 billion) global player, second only to Diageo.