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Nestle has partnered with Victorinox to produce a pocket knife made from recycled materials.

Victorinox has used recycled capsules of the Livanto espresso by Nespresso to create the limited edition knife.

Both Swiss brands, they have given priority to issues of environmental protection and sustainability in their business practices.

Last year, the company presented the Pioneer Limited Edition, the first pocket knife with a casing manufactured from recycled Nespresso capsules.

This met with such interest that the idea for a 2017 recycled knife has now progressed to the next stage.

The unique knife will be available from July.

Food & Drink Business

The federal government has released the latest round of Industry Growth Program (IGP) recipients, alongside news that the program is going on indefinite hiatus following the 2026 Budget. Several food sector companies were awarded, including A-Culture Holding, Algenie, and VeraSys.

Asahi Group Holdings has appointed Nigel Parsons as CEO of Asahi Europe & International, taking over the role from Dragoș Constantinescu, who will depart at the end of June.

Integrated organic meat producer, Hewitt Foods, has entered into an agreement to acquire family-owned beef company, Nolan Meats, with the transaction expected to be completed in the second half of 2026.