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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

Arla Foods is acquiring DMK Group in a merger which will create the largest dairy cooperative in Europe, with more than 11,000 farmers across seven countries, and a consolidated annual revenue of $30.8 billion (€19 billion).

Food Standards Australia New Zealand (FSANZ) is calling for submissions on a proposal to develop a clearer and more targeted regulatory framework for young child formula that reflects its classification as a special purpose food.

Parima has completed the Food Standards Australia New Zealand (FSANZ) core safety assessment, after applying in November for its cell cultured duck to be approved as a food ingredient in the Australian market.