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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

The federal government has released the latest round of Industry Growth Program (IGP) recipients, alongside news that the program is going on indefinite hiatus following the 2026 Budget. Several food sector companies were awarded, including A-Culture Holding, Algenie, and VeraSys.

Asahi Group Holdings has appointed Nigel Parsons as CEO of Asahi Europe & International, taking over the role from Dragoș Constantinescu, who will depart at the end of June.

Integrated organic meat producer, Hewitt Foods, has entered into an agreement to acquire family-owned beef company, Nolan Meats, with the transaction expected to be completed in the second half of 2026.