PLAY PKN: Video News Bulletin 29 January

In the news this week: Nestle, Smarties, Heinz, Matthews Australasia, Ralph Moyle, AIP, World Packaging Organisation

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Food & Drink Business

Beverage business Lion has announced the resignation of its CEO Stuart Irvine. He was CEO for eight years.

Taste and nutrition company Kerry is set to build a technology and innovation centre of excellence in Queensland. The site will also be the company’s new headquarters for Australia and New Zealand.

Five peak bodies across Australia are urging the ACCC not to greenlight Woolworths Group’s proposed acquisition of PFD Food Services, calling out the retailer’s “track record of anti-competitive behaviour” and citing concern for the potential damage to small businesses in the supply chain.