The appointment comes as Barry Callebaut reports stronger third-quarter volumes and outlines expectations for its fiscal 2025/26 performance.
The transaction will combine two established poultry businesses, expanding operations across Australia and strengthening production and customer capabilities.
RCL Foods says deep-sea sugar imports, weaker global prices and a pet food recall weighed on earnings, while groceries and baking delivered stronger performances.
Chemilil Sugar says private investment has accelerated factory modernisation, farmer payments and worker welfare, while production remains below the plant’s rated capacity.
The scope of the new agreement includes the initial export of 40 tonnes, with plans for volume growth.