PLAY PKN: Video News Bulletin 12 March

In the news this week: Labelmakers, Rapid Label, Jamestrong, APPMA, National Plastics Plan, APCO, Mondelez, PepsiCo, AIP, Impact International

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Food & Drink Business

Treasury Wine Estates (TWE) says it is dropping the value of its US business by a further $558 million in write-downs. This follows the $687 million of write-downs the wine maker made against the business unit in December 2025.  

Indonesia’s sovereign wealth fund will take a 25 per cent stake in JBS’s Australian and New Zealand operations, with Danantara Investment Management paying $3.5 billion (US$2.5 billion) in equity under a joint venture that gives the world’s largest protein producer up to US$5 billion to fund regional expansion.

Robotic Automation has been acquired by Varley Group, in a move both companies say will strengthen their ability to invest in automation and support Australian manufacturing.