Infant formula producer Bellamy’s has given an update on the suspension of its export licence for products from its recently-acquired Camperdown production facility, revealing a third party complainant had raised concerns about the production plant.
The ASX-listed company entered a trading halt last week, announcing the Certification Accreditation Administration of the People’s Republic of China (CNCA) was requesting further details on Camperdown.
In an update to shareholders, the company explained, “Bellamy’s understands that the enquiries raised about CNCA were as a result of allegations received by CNCA from a third-party complainant relating to historical filing and records and to certain previous quality issues relating to Camperdown’s processing facility.”
The business was quick to clarify the complaints do not relate to contamination issues or have any effect on the production of Bellamy’s products.
Tesco exec heads for Metcash
IGA owner Metcash has announced former British Tesco executive Jeff Adams will take over from outgoing chief executive Ian Morrice in September.
Adams has worked in a number of senior roles across the Tesco brand, including as chief executive of operations in Thailand and Turkey.
In a statement to the ASX, Metcash chairman Rob Murray spoke to Adams’ “deep international experience”, saying this will help lead the success of independent retailers.
Ian Morrice announced plans earlier in 2017 to step down from the head of the company after five years in the role.
Google’s Nest enters Aussie homes
Smart home technology operator Nest launched in Australia today, having penned an exclusive distribution deal with insurance broker iSelect, reports Fairfax.
The company, which was acquired by Google in 2014, produces smart thermostats, cameras and smoke alarms, with products working with a variety of smart devices including Google and Amazon smart speakers.
iSelect will be selling the products outright or with other broadband or electricity bundles, reports Fairfax – cutting out bricks-and-mortar retailers from selling the technology.
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