Lactalis “proposes to acquire” Fonterra dairy assets, Australia’s ACCC says
Australia’s competition authority has flagged interest by dairy giant Lactalis to acquire Fonterra’s up-for-sale consumer-facing dairy assets. The Australian Competition…
Fonterra
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Lactalis, Saputo among parties ‘eyeing up Fonterra’s up-for-sale dairy assets’
Global dairy giants Lactalis and Saputo are reportedly interested in acquiring the consumer-facing assets of Fonterra in New Zealand. Japanese…
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Fonterra to shut down Hamilton milk powder packaging facility
Fonterra will shut a milk powder canning and packaging facility in New Zealand’s North Island as the dairy co-operative readies…
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Big Food’s stake in the future – in-house venture-capital funds’ investments
For Big Food companies looking to gain exposure to new, exciting, potentially faster-growing categories, M&A remains a popular route. But…
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Fonterra raises EPS outlook, launches roadshow for consumer unit disposal
Fonterra has raised its full-year EPS guidance as the New Zealand-based dairy giant kicks off a marketing exercise for the…
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Nestlé, Mars to help fund Fonterra emissions push
Nestlé and Mars are to work with Fonterra on giving the dairy giant’s farmer members support to cut emissions. The…
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Tussling over targets: corporates’ ESG changes spark debate
Before Christmas, The Coca‑Cola Company announced updated voluntary environmental goals “with the aim of delivering on the company’s purpose to…
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Fonterra eyes trade sale or IPO as options for consumer business
Fonterra is proceeding with the disposal of its consumer-facing dairy business, with an IPO or sale to a trade buyer…
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Fonterra to build new cream plant, create 70 jobs
New Zealand’s Fonterra is set to invest NZ$150m ($92.8m) to build a new ultra heat treated (UHT) cream plant in…
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Fonterra lifts farmgate milk price on commodity boost
Dairy co-op Fonterra today (23 August) raised its forecast on farmgate milk process on the back of stronger commodity prices.…