NEW ZEALAND: Fonterra under fire for inefficient performance
New Zealand mega-dairy Fonterra faces angry representation from shareholders today [Thursday] as claims mount that the company is being run inefficiently.
Milk collection problems continue to dominate farmers' concerns, reports stuff, which revealed that representatives of the shareholder council will meet with Fonterra in Hamilton and Te Awamutu. However, a spokeswoman for the company described the appointment as a routine supplier meeting.
Dairy Farmers of New Zealand chairman Kevin Wooding said last night: "We're not getting the service we had before, and the liaison with the company is not good."
Dairy company Fonterra Co-operative Group has announced that Bonlac Supply Company shareholders today voted 94% cent in favour of Fonterra's offer to restructure Bonlac Foods Limited which, as a resul...
Dairy company Fonterra today (Monday) announced its final plans for re-establishing milk-processing operations at its Takaka site, damaged by fire last month. Changes to the site mean that one-third f...
New Zealand dairy group Fonterra Co-operative has reiterated its ambition to make further acquisitions in Australia, which generates about 10% of its income, according to the Sydney Morning Herald new...
Dairy company Fonterra Co-operative Group Ltd has today (Tuesday) announced a series of organisational changes which it says are intended to enhance its innovation and manufacturing capabilities....
New Zealand dairy company Fonterra today (Tuesday) has announced that it is consolidating all its interests in Australia under the Fonterra name and further expanding its milk collection and processin...
More than 140 jobs will be lost in the Goulburn Valley town of Tongala in Victoria after food company Nestle's decision to stop powdered milk production, according to the Australian Broadcasting Corpo...
Philippine food and beverage conglomerate San Miguel has declared its offer for Australian dairy company National Foods unconditional, even though it has not reached the 50% minimum acceptance conditi...
New Zealand dairy company Fonterra has formed a new joint venture with South African dairy company Clover Industries Ltd after getting the go-ahead from South Africa's Competition Tribunal, the New Ze...
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