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Finance

Retail Food Group to acquire Beefy’s Pies for $10 million

Retail Food Group to acquire Beefy’s Pies for $10 million

Beefy's Pies may soon be available for franchising after an agreement was reached for the retail chain's acquisition by listed cafe operator Retail Food Group (RFG) for $10 million. RFG is a global food and...
Kim Kardashian-led firm to buy premium condiments brand Truff
ACCC clears way for Bega’s purchase of Betta Milk, Meander Valley Dairy
Australian Beer Co expands RTD presence with Ampersand acquisition
Suntory Oceania: a new multi-beverage partnership in Australia and NZ

Finance Archives

Inside Retail & Centric Software

PLM is removing compliance bottlenecks for FMCG companies: here’s how

PLM can save a fast-moving consumer goods company as much as 35 per cent of their administration costs. 
IFMCG Kiwi oat milk brand All Good looks to raise $1m for global expansion

Kiwi oat milk brand All Good looks to raise $1m for global expansion

The company is looking to accelerate its expansion plans into Asia and the Middle East, and to develop new products.

Foodstuffs plans to merge North, South Island operations

Each cooperative will hold a special general meeting in June next year where members will vote on the proposal.

Coty’s revenue rises on double-digit prestige, consumer beauty sales growth

Net revenue of the company's prestige segment jumped 23 per cent to US$1.06 billion.

China ready to welcome likely return of Aussie wine as ties improve

News that punitive tariffs on Australian wine introduced by China in 2021 would be reviewed as part of a push to improve...
Coca-Cola buys Finnish vodka label Finlandia for $342 million

Coca-Cola buys Finnish vodka label Finlandia for $342 million

Established in 1970, Finlandia is one of the leading vodka brands in Central Eastern Europe with annual volumes of 2.7 m...

Treasury Wine Estates pays $1.4 billion for luxury US winery Daou

The acquisition will provide a scale to support TWE's future standalone Treasury Americas Luxury division.

Endeavour reports solid first-quarter trading

The BWS and Dan Murphy's operator reported a jump in retail sales of 1.9 per cent to $2.54 billion.

Coles posts higher sales as more customers prefer to eat at home

Supermarket sales jumped 4.7 per cent to $9.19 billion, while liquor sales inched 1.8 per cent higher to $851 million.

Coca-Cola raises outlook amid revenue growth

Global unit case rose 2 per cent and operating income grew 6 per cent, with earnings per share up 9 per cent to $0.71.

Woolworths sees quarterly sales increase led by food segment

Food businesses continued to moderate over the quarter driven mainly by deflation in fruit and vegetables and meat.

US sales surge boosts Bubs’ first quarter

Revenue from the US was up by 48 per cent, mitigating a 51 per cent slump in China.

Jelly Belly brand sold to Ferrara Candy Company

Jeff Brown, the current executive VP of global operations and distribution of Jelly Belly, will become its CEO following...

Sara Lee Australia business collapses; receivers appointed

While it has not been stated what forced the brand into administration, ABC reported that “supply chain issues” have imp...
Moondarra grows portfolio with Tarago River Cheese purchase

Moondarra grows portfolio, purchasing Tarago River Cheese

Both cheese makers are located in Gippsland, Victoria.