Close×

Two companies which worked together on a cloud-based software platform solution have won in the packaging category of the 2017 Wine Industry Impact Awards.

Altvin and Wines by Geoff Hardy were co-nominated to demonstrate the impact of a solution for specifying and managing bottling and packaging with real-time supply chain collaboration.

Wines by Geoff Hardy uses Altvin, a winery packaging and inventory program that brings all the elements of its packaging process together into one location on the cloud.

Here, everyone inside the business can view, interact and communicate the product packaging requirements and history in order to manage wine product SKUs and product lifecycle.

The companies beat out Orora Fibre Packaging, which was a finalist for its digital imagery on printing and packaging processes.

The annual awards, presented by Wine Industry Suppliers Australia (WISA), showcase excellence in improving the competitiveness and capability of the nation’s grape and wine industry while developing “exciting new consumer experiences”.

Food & Drink Business

The federal government has released its formal response to the Senate Select Committee on Supermarket Prices, rejecting calls for forced divestiture powers while advancing a suite of supplier protections, pricing regulations and competition reforms.

In a FY26 trading update, Bubs Australia forecasts revenue of $105–115 million but warns that reported EBITDA could land anywhere from –$2 million to +$2 million.

International Flavors & Fragrances Inc. (IFF) has entered into an agreement to sell its Food Ingredients business to funds advised by global private markets manager, CVC Capital Partners, in a transaction that values the business at approximately $6 billion (US$4.3 billion).