Fonterra

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Big Food's stake in the future - in-house venture-capital funds 

8 Mar 2019

just-food presents a guide to some of the main in-house venture capital funds operated by major food businesses. 

'Bids for Tip Top ice cream due in next week'

7 Mar 2019

The race for Tip Top, the ice-cream business of dairy giant Fonterra, is to reportedly move to the next stage next week.

Fonterra makes Miles Hurrell permanent chief executive

5 Mar 2019

New Zealand dairy cooperative Fonterra has appointed Miles Hurrell as its permanent chief executive with immediate affect.

Fonterra issues profit warning

28 Feb 2019

Fonterra, the New Zealand-based dairy giant, has lowered its forecast for annual earnings, pointing to a number of factors pressuring profits.

Fonterra takes stake in US complementary nutrition firm Motif

27 Feb 2019

New Zealand dairy heavyweight Fonterra has taken a stake in a US-based company that develops bio-engineered food ingredients.

Fonterra calls for change to New Zealand milk collection rules

18 Feb 2019

New Zealand dairy giant Fonterra has called for a change to milk collection rules in its home market following an industry review.

Fonterra takes full ownership of Darnum site from Beingmate joint venture

12 Feb 2019

New Zealand dairy giant Fonterra has confirmed it has taken back full control of its Darnum site in Australia that fell under a joint venture agreement.

Fonterra forges UAE distribution deal with Bidfood-owned Horeca Trade

30 Jan 2019

New Zealand dairy giant Fonterra has tied up a distribution deal in the United Arab Emirates with a foodservice specialist.

Former Fonterra chairman John Wilson dies

28 Jan 2019

New Zealand dairy giant Fonterra has announced its former chairman has passed away after a hard-fought battle with illness.

Fonterra review sees it offload livestock arm

9 Jan 2019

New Zealand dairy giant Fonterra, which is reviewing its business, has taken a major decision on the future of its livestock division.

The most-read news on just-food in 2018

20 Dec 2018

The news stories that caught your eye in 2018 included a number of M&A deals, CEOs departing and emerging brands entering new markets.

Fonterra looking to offload ice cream business Tip Top

6 Dec 2018

New Zealand dairy giant Fonterra has revealed that it is seeking a buyer for one of its domestic assets.

Fonterra and Beingmate to "unwind" Darnum JV

5 Dec 2018

New Zealand dairy giant Fonterra and Chinese infant formula business Beingmate have revealed plans for their Darnum joint venture in Australia.

Beingmate 'seeks state capital', bringing Fonterra's stake into question

30 Nov 2018

Beingmate Baby & Child Food Co., the struggling China-based business, is reportedly seeking state assistance.

Fonterra could ditch Beingmate stake after recording first-ever loss

13 Sep 2018

New Zealand's Fonterra, the world's largest dairy exporter, is to carry out a major review of its business after recording its first ever loss.

Fonterra tells shareholders it is facing "profound challenges" 

20 Aug 2018

New Zealand dairy giant Fonterra has enormous opportunities but also faces profound challenges, a shareholders' meeting has been told.

Fonterra names Miles Hurrell interim CEO

14 Aug 2018

Fonterra has named long-standing executive Miles Hurrell its new interim CEO as the dairy giant looks to "take stock" after seeing its chief executive and chairman both stand down this year.

Fonterra issues note of caution on earnings

10 Aug 2018

Fonterra today (10 August) warned its annual earnings per share could be "at or slightly below" its forecast level amid the higher milk prices facing the dairy cooperative.

Fonterra makes another attempt to crack India dairy market

8 Aug 2018

Fonterra is trying again to carve out a presence in India, with the New Zealand dairy giant announcing a joint venture with Future Consumer, one of the country's largest consumer goods companies.

Fonterra chairman John Wilson to step down for health reasons; John Monaghan selected as successor

27 Jul 2018

Fonterra chairman John Wilson has stood down from the post due to health reasons and will retire from the New Zealand dairy cooperative in November.

Fonterra to double butter output at Edgecumbe to meet Chinese demand for 'muddy buns'

10 Jul 2018

New Zealand dairy giant Fonterra plans to double production of butter at its plant in Edgecumbe to meet rising demand in China for what are known locally as 'muddy buns'.

Fonterra-backed Beingmate appoints general manager to revive loss-making business

2 Jul 2018

China-based infant-formula manufacturer Beingmate Baby & Child Food Co., in which New Zealand dairy giant Fonterra is a shareholder, has appointed Bao Xiufei as the new general manager to try and turn around the loss-making business.

Synlait Milk names Leon Clement as successor to CEO John Penno

26 Jun 2018

New Zealand infant-formula manufacturer Synlait Milk has named Leon Clement as chief executive to replace John Penno who announced in November he was stepping down from the role.

Fonterra rallies to defend Chinese JV partner after manufacturing breach 

21 Jun 2018

New Zealand dairy giant Fonterra has defended its Chinese joint venture Beingmate after the infant formula business became embroiled in a manufacturing rules breach.

Seafood firm Sanford names Fonterra executive as new CFO

8 Jun 2018

New Zealand-based seafood supplier Sanford has hired Fonterra executive Katherine Turner as its new CFO.

Fonterra teams up with e-commerce firm Lazada in south-east Asia

31 May 2018

New Zealand dairy giant Fonterra is teaming up with e-commerce firm Lazada to take its products into south-east Asia.

New Coller FAIRR food index raises concerns over ''high-risk'' firms

30 May 2018

A new index launched by investor network FAIRR has identified 36 global meat and fish companies as ''high risk'' when it comes to health, environmental and social issues.

Fonterra revises earnings forecast downwards

23 May 2018

New Zealand dairy giant Fonterra has revised its earnings forecast guidance downwards as a result of rising milk prices.

China's Beingmate issues de-listing warning after second straight annual loss

26 Apr 2018

New Zealand dairy Fonterra's previously-voiced disappointment with China's Beingmate Baby & Child Food Co. may be further stretched after the infant-formula business issued a de-listing warning following a second straight year of losses.

Fonterra invests in dairy drinks production

12 Apr 2018

Fonterra is teaming up with fellow New Zealand group Apollo Foods to invest in the manufacturing of dairy beverages.

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