Latest Food Beverage News

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OMG Group Limited reported a robust 56% year-on-year increase in quarterly cash receipts, driven by expanded product distribution and a strategic $2 million capital raise. The company is poised for further growth with new retail partnerships and a high-profile marketing campaign ahead of the summer sales season.
Victor Sage
Victor Sage
30 Oct 2025
Wide Open Agriculture has developed a novel lupin protein milk formulation that overcomes longstanding technological hurdles, lodging a patent to protect its innovation and gearing up for global commercialisation.
Eva Park
Eva Park
20 Oct 2025
New Zealand King Salmon reports a 7% revenue decline to NZD 94.5 million and a net loss of NZD 20.8 million for the first half of 2025, suspending dividends amid ongoing challenges.
Eva Park
Eva Park
25 Sept 2025
RooLife Group has inked a $64 million two-year supply agreement to expand its branded coffee products in China, tapping into the country’s rapidly growing coffee market. The deal leverages established suppliers and distribution partners to accelerate RLG’s e-commerce-driven growth strategy.
Victor Sage
Victor Sage
24 Sept 2025
RooLife Group has secured a $64 million two-year supply agreement to distribute its branded coffee and food products in China, reinforcing its expansion strategy in the fast-growing market.
Victor Sage
Victor Sage
22 Sept 2025
New Zealand King Salmon has finalized the purchase of a commercial site in Blenheim, positioning itself for future processing expansion linked to the Blue Endeavour project, while maintaining current operations in Nelson.
Eva Park
Eva Park
9 Sept 2025
Noumi Limited has completed its $11.56 million payment towards a $43 million class action settlement, now unconditional following Victorian Supreme Court approval. The payment was made by insurers, activating legal releases for the company.
Victor Sage
Victor Sage
3 Sept 2025
SPC Global Holdings has transitioned its senior lending from Scottish Pacific to Commonwealth Bank, securing $134 million in debt financing and anticipating $3 million in annual interest savings.
Victor Sage
Victor Sage
1 Sept 2025
Pure Foods Tasmania has completed a strongly oversubscribed $1.76 million capital raise and reported improved preliminary FY25 results, signaling progress in its turnaround strategy.
Victor Sage
Victor Sage
1 Sept 2025
TasFoods reports a $3.6 million net loss for H1 2025, impacted by oversupply and discounted poultry prices, while advancing key initiatives including pet treats expansion and planned divestments.
Eva Park
Eva Park
29 Aug 2025
TasFoods narrowed its half-year loss by 29% despite a 21% drop in sales amid persistent poultry oversupply and discounted pricing. Strategic asset sales and cost-cutting efforts aim to stabilize the business in a challenging market.
Eva Park
Eva Park
29 Aug 2025
OMG Group Limited reported a robust 63.3% revenue increase to $4.13 million in FY2025, driven by strategic acquisitions and expanded retail partnerships. The company also narrowed its losses by 29%, setting the stage for sustained growth in FY2026.
Victor Sage
Victor Sage
29 Aug 2025