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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

Bega Group will spend about $110 million on manufacturing capacity in FY27, targeting yoghurt, cream cheese and milk-based beverages, while almost a third of proxy votes went against its remuneration report.

Treasury Wine Estates has confirmed about $50 million in proceeds from the sale of Seppelt, Rosemount and vineyards, and reiterated F27 guidance, at its first AGM under CEO Sam Fischer.

The nearly 70 million consumers in the UK are an enticing market for Australian companies, with a free trade agreement and goodwill adding to the appeal. But Paul Beare says regulations, VAT, banking and employment laws can catch some off guard. In this Q&A, Beare discusses what Australian food and beverage companies need to consider to ensure success in the UK market.