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This year’s Best Packaging finalists in The Hive Awards showcase how innovation is reshaping performance, sustainability, and scalability across the food and beverage sector.

Orora has downgraded its FY26 earnings outlook for Saverglass, citing both direct operational disruption and broader market impacts stemming from the ongoing Middle East conflict.

Thrace Group has acquired 100 per cent of BHA Holdings Pty Ltd, which operates through Bulk Handling Australia and Bulk Handling New Zealand, strengthening its presence in Oceania.

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Food & Drink Business

Treasury Wine Estates is restructuring into four regional divisions and reshuffling its executive team as Penfolds depletions surge in China and the US business returns to growth.

Specialist contract processing winery, Winemasters SA, has gone into administration after the site failed to sell. Hall Chadwick partners, Brent Kijurina and David Trim, have been appointed administrators.

George Weston Foods' (GWF) new Mauri flour mill in Ballarat is nearing completion after three years of construction, with the facility expected to be operational by the end of 2026. The Victorian government is supporting the project, which was initially announced in 2022, under its $150 million Victorian Investment Fund.