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German packaging machinery giant Krones has added a new subsidiary which caters for the dairy industry.

Called Milkron GmbH, the division is designed to offer plant construction and service support for the dairy industry as part of its goal of becoming a global vendor for this segment.

Headquartered near Hanover, it will focus on the engineering of production lines for all liquid to paste-like dairy products.

It will cover planning, project management, automation, installation, and commissioning and acceptance testing of the equipment on-site.

Food & Drink Business

Treasury Wine Estates is restructuring into four regional divisions and reshuffling its executive team as Penfolds depletions surge in China and the US business returns to growth.

Specialist contract processing winery, Winemasters SA, has gone into administration after the site failed to sell. Hall Chadwick partners, Brent Kijurina and David Trim, have been appointed administrators.

George Weston Foods' (GWF) new Mauri flour mill in Ballarat is nearing completion after three years of construction, with the facility expected to be operational by the end of 2026. The Victorian government is supporting the project, which was initially announced in 2022, under its $150 million Victorian Investment Fund.