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Twenty-twenty was an eventful year to say the least. As the tumultuous year comes to a close, the world is still reeling from the deadly Covid-19 pandemic, which has impacted every aspect of life and business.

But there was more to this year than disease and strife. Big deals were done, innovations launched, and progress towards sustainability was made.

To read the roundup of the most important stories of the year, published in PKN's Nov-Dec 2020 issue, click here.

Food & Drink Business

Perfection Fresh has admitted to cartel conduct in supplying vegetables to ALDI and will jointly ask the Federal Court with the ACCC to impose a $12 million penalty. The NSW-based wholesaler is Australia’s second-largest fresh vegetable supplier.

Lark Distilling net sales fell 4.5 per cent to $3.5 million in the September quarter, ending eight consecutive quarters of growth, as export sales stalled while it brings on a new distributor in China.

Woolworths Group lifted Australian Food sales 6.9 per cent to $14.84 billion in the first quarter of FY27, driven by higher volumes as average prices fell for an eleventh straight quarter.