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The past few months have brought another wave of consolidation across Australia’s food and drink sector. In December 2025, Kellogg’s was acquired by Mars, and in early 2026 New Zealand's Fonterra (with familiar brands like Allowrie, Western Star and Perfect Italiano) will finalise sale of its global consumer business to Lactalis, the largest global dairy company, which already owns Pauls, Oak and Farmhouse Gold brands.
When giants merge, the ripple effects are hard to ignore. Less competition can mean factory closures, higher prices at the checkout, and more of our everyday food controlled by multinational conglomerates focused on maximising profit. That pressure often sidelines concerns about public health, such as the growing reliance on ultra-processed foods, and the ethical impacts of long, opaque supply chains.
Check our website to find out who owns the brands you buy each week, and our ownership chart for a visual snapshot. You might also try swapping in smaller, Australian-owned options this week - like SPC/Ardmona for canned fruit and veg, Haigh's or Pana Organic for chocolate, and Bickford's or Bundaberg for drinks.
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