Author name: FMCG Business

Delays cause frustrations for suppliers

Several suppliers in New Zealand have apparently experienced cashflow, stock and marketing issues as a result of delays with Foodstuffs’ new SAP system and lack of codes for suppliers in recent months. FMCG Business talked to Foodstuffs’ management to find out when this situation will be resolved.

Consultation paper on food packaging

Food Standards Australia New Zealand (FSANZ) has released a consultation paper seeking further information on the management of the migration of chemicals from packaging into food.

Candy Warhol ice cream creation

Famous Sydney ice cream parlour Gelato Messina has partnered with the Art Gallery of New South Wales to release a special pop-art inspired flavour, Candy Warhol, to celebrate the opening of the major summer exhibition, Pop to popism.

Drones join battle against vine disease

Unmanned aerial vehicles (UAV), commonly known as a drones, are usually deployed (and are certainly best known for) military and special operations, sometimes in a surveillance role but often in a combat capacity.

Danone loses appeal

The Court of Appeal has rejected an attempt by French food giant Danone to overturn a stay of proceedings in its law suit against Fonterra Cooperative Group pending arbitration in Singapore. The judges ordered Danone meet Fonterra’s costs for the appeal.

New Veritas deal could lift annual revenue to over $90 million

Veritas Investments Limited (“Veritas”) has entered into a conditional agreement to purchase the business and assets of The Better Bar Group of companies (“BBC”) as a going concern for $31.2m. This acquisition is expected to increase Veritas’ annual revenue to over $90m on a full-year basis.

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