Page 59 - Food&Drink Nov-Dec 2020

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ASIC alleged that when Bellamy’s became a listed company (on or before 1 August 2014) Cameron and her associate entity based in Curacao began a substantial holding of 14 million shares in the company. The associate entity was The Black Prince Foundation.
MARCH
UNILEVER COMMITS $1BN TO TACKLING COVID-19 Unilever announced a range of measures to support efforts in combatting COVID-19 to the value of just over $1 billion. In a comprehensive statement, CEO Alan Jope said: “It won’t be long before most people in the world know of a life lost, or a livelihood destroyed, by the coronavirus pandemic.”
The company committed free soap, sanitiser, bleach and food to the value of €100 (AU$180.8)
emergency. The rest will be product donations, partnerships and handwashing education programmes at national and local levels.
FONTERRA SELLS DENNINGTON SITE
Fonterra Australia signed a sale agreement for its Dennington milk processing plant to Australian-owned animal nutrition manufacturer ProviCo. In May 2019, Fonterra announced it was closing
for animals including cattle, dairy, sheep, horses and pigs.
COLES ACQUIRES
JEWEL FINE FOODS
Coles Group subsidiary Chef Fresh was given the green light by the Australian Competition and Consumer Commission (ACCC) to acquire chilled ready meals manufacturer Jewel Fine Foods, which had been in voluntary administration since April 2019.
In September 2019, the ACCC opposed the sale of Jewel by B&J Kitchen because it would be “likely to substantially lessen competition for the supply of chilled ready meals”.
ACCC commissioner Stephen Ridgeway said the Coles acquisition of Jewel ensured there will still be two major suppliers of chilled ready meals. The sale was completed in May.
WOOLWORTHS DELAYS ENDEAVOUR DEMERGER Woolworths Group closed its hotels business indefinitely and
ON THE COVER
GIPPSLAND JERSEY
LION HEADS FOR CARBON NEUTRALITY P18
MARCH 2020
PIROVIC’S ORGANIC FARMING PIVOT P26
PwC ON DIGITALISING OLD SCHOOL INDUSTRIES P34
WWW.FOODANDDRINKBUSINESS.COM.AU
“ The acquisition of Jewel Fine Foods by Coles Group subsidiary Chef Fresh was given the green light by the ACCC in March.”
More than milk
How Sallie Jones and Steve Ronalds took on industry upheaval and personal hardship to build
a brand with purpose.
Cover.indd 1
26/02/20
3:44 PM
million. Jope said around half of that would go to the COVID-19 Action Platform of the World Economic Forum, which is supporting global health organisations and agencies with their response to the
the site to consolidate its western Victoria manufacturing operations.
ProviCo is Australia’s largest supplier of calf milk replacers, manufacturing a range of feed and vitamin fortified products
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