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In the news this week: Zero Co, APCO, Australian Dairy Federation, Pact Group, Woolworths Macro, Nestlé Starbucks by Nespresso, Sanitarium’s Weet-Bix, Goodman Fielder’s Praise.

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Food & Drink Business

Maggie Beer Holdings (MBH) has appointed Chris Illman as managing director as the company focuses on returning to positive earnings and progressing the sale of its Hampers & Gifts Australia business.

SPC Global has launched further legal proceedings against two former directors and an advisory firm, seeking to recover more than $4.5 million related to historical expenditure and related-party arrangements.

OMG Group has secured commitments to raise $1.5 million through a share placement, including a $350,000 cornerstone investment from its incoming oat milk manufacturing partner, Slades Beverages.