When Walter Bugno got a call out of the blue at his home in Monaco in 2019 from his long-term acquaintance, Dominic Galati, about becoming involved with a start-up initially focused on specialist baby formula, he thought it was a no-brainer.
Neither had operated any business in that space before, but Mr Bugno – a former managing director of Tim Tam owner Campbell Arnott’s and an ex-boss of pokies operator IGT International – knew a good idea when he heard one.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
