Wattle Health reorganises in infant formula

Nutritional dairy product manufacturer Wattle Health Australia (ASX: WHA) has announced changes to its businesses to speed market penetration for its locally made products. The organic certified company simultaneously announced a new venture, new arrangements with shareholder Chemist Warehouse, and new production arrangements. Wattle Health has signed a shareholders agreement with Nouriz (Shanghai) Fine Food…

McWilliam’s goes into liquidation after 141 years

KPMG has been appointed as administrators of the venerable McWilliam’s Wines Group which has failed after 141 years of continuous operation. Gayle Dickerson, Ryan Eagle and Tim Mableson of KPMG were appointed administrators of McWilliam’s Wines and Mount Pleasant Wines and are undertaking a review of the company’s Griffith and Hunter Valley winemaking assets. They…

Manufacturing news briefs – stories you may have missed

Ellex cashes in on medical lasers Ellex Medical Lasers (ASX: ELX) has sold its opthalmic laser (pictured) and ultrasound businesses to London’s Lumibird Grouyp SA for $100 million. The company will return cash to shareholders and focus its business on devices to treat glaucoma and macular degeneration, both fast-growing areas. The company’s Adelaide factory has…

IDT begins cannabis manufacture with high-tech bong

It looks like the world’s biggest bong, but the photograph from pharmaceutical manufacture IDT Australia is strictly legit. The Melbourne company has begun manufacturing medicinal cannabis for local producer Cann Group (ASX: CAN). The first product, medicinal cannabis dried flower, were packed by IDT under GMP certified conditions and will undergo testing ahead of release…