Plant-based protein production company, Australian Plant Proteins (APP), has been acquired by My Co, the investment vehicle for the Paule Family Office, which focuses on FABtech (Food, Agri & Bio) start-ups. APP was the first company in Australia to develop and commercialise a plant protein isolate powder.
Fonterra Co-operative Group has appointed Elizabeth (Liz) Coutts as chair-elect of Mainland Group, the proposed divestment entity of Fonterra’s global consumer business. This announcement follows the selection of René Dedoncker as CEO-elect and Paul Victor as CFO-elect in February.
Australian food and nutrition science company, FOODiQ Global, is gearing up for ‘Mission MushVroom’, a first-time attempt to grow mushrooms in space. The experiment will take place on the upcoming Fram2 mission, targeted to launch aboard the SpaceX Falcon 9 rocket this week.