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JBS secures $2.5bn from Indonesia’s sovereign wealth fund for new joint venture
Meat giant JBS has partnered with Danantara Investment Management, an arm of Indonesia’s sovereign wealth fund, to establish a new joint venture that will manage JBS’ operations in Australia and New Zealand.
Lactalis Australia fined over alleged misleading fresh milk claims
Lactalis Australia has been fined AUD $59,400 (approx. $41,000) in penalties by the country’s competition regulator, after allegedly making misleading claims in the labelling of two of its milk products.
ACCC penalises Coles and Brownes Foods over alleged Dairy Code breaches
Coles Supermarkets Australia and Brownes Foods have each paid A$39,600 in penalties after ACCC issued notices alleging breaches of the Dairy Code of Conduct.
From if to where: The evolving role of Australian beef and lamb in the UK market
Richard Sanders, of Aussie Beef & Lamb, explores how imports support the UK’s carcase balance, help address structural supply gaps and offer foodservice operators greater certainty.
Cauldron Ferm raises $13.25m in Series A2 funding round
Australia-based biomanufacturing company Cauldron Ferm has secured $13.25 million in a Series A2 funding round, bringing its total funding to $26 million.
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