Close×

Mars Food has unveiled a new five-year strategy that will see it reformulate products and introduce labelling initiatives aimed at helping combat rising obesity levels.

The strategy, named Mars Health and Wellbeing Ambition, focuses on the company's meal-oriented brands Masterfoods, Dolmio, Kan Tong and Uncle Ben's.

In addition to adding Health Star Ratings, Mars plans to highlight the difference between ‘everyday meals’ and ‘occasional products’ on-pack.

Recipes on Mars product labels, and in-store promotions, will meet nutrition criteria and encourage an increased consumption of vegetables, whole grains and lean proteins.

Two examples of the changes include sodium reduction in Dolmio tomato-based pasta sauce, and sugar reduction in Kan Tong sweet and sour sauce.

Mars will also start rolling out Health Star Ratings on its products from early 2017, and these will extend across ranges by mid-2018.

Food & Drink Business

Australian Vintage has secured a $128 million debt refinancing through to March 2028, with an option to extend a further year to 2029, as the McGuigan wines owner reports a significant second-half cash turnaround and upgraded sales momentum heading into FY27.

Endeavour Group has used its first investor day since demerging from Woolworths to lay out a three-year transformation plan targeting $300 million in cost savings, a scaled-back dividend payout, and the exit of most of its winery and vineyard portfolio.

The winners of the 2026 International Wine Challenge (IWC) have been selected, with Australia performing incredibly well. Beresford Estate and Penfolds were singled out, receiving the top International Trophy in the Syrah and Cabernet Sauvignon categories respectively.