Food and beverage
Plant-based meat producers have had a difficult run, but Harvest B, Vow and v2food are all betting hybrid products and cultivated meats could unlock new demand.
Guzman y Gomez’s first results as a listed company show strong earnings but mixed analyst reactions, as CEO Steven Marks leans into the salesmanship that got him this far.
Sydney’s Vow and Melbourne’s Magic Valley are aiming to corner different ends of the waning cultivated meat market. One is aiming high, the other's going low.
There were many winners from Guzman y Gomez's IPO today, not least TDM Growth Partners, which saw its stake hit more than $800 million on paper after shares soared on debut.
After intense scrutiny around its valuation, Guzman y Gomez is now a public company and its stock is rising.
It’s the most watched and perhaps most polarising IPO on the ASX in years but Guzman y Gomez's investors are happy to pay a premium for a local growth story.
While the world's attention was focused on the conviction of Donald Trump, another New Yorker pushed forward with what will be one of the most closely watched IPO's in Australia for years.