Fonterra
Fonterra launches nutrition science venture arm, invests in dietary supplements
Fonterra, the world’s largest dairy exporter, has today (9 June) announced the launch of a corporate ventures arm to invest…
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…
Fonterra slashes valuations of domestic consumer business, Asia brands
New Zealand dairy giant Fonterra has blamed economic conditions for its decision to wipe NZD92m (US$56.8m) off the valuation of…
Lactalis buys out Fonterra-Nestlé dairy venture in Brazil
French dairy major Lactalis has acquired the joint-venture assets in Brazil owned by Fonterra and Nestlé. Lactalis, which already has…
Fonterra sells Chile unit Soprole to Peru’s Gloria Foods
Fonterra has sold its Chile dairy assets to Peru’s Gloria Foods for CLP591.07bn (US$641m). The group, owned by 10,000 New…
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New Zealand’s Fonterra backtracks on plan to sell Australia business
New Zealand dairy cooperative Fonterra has backtracked on its plans to sell its Australian arm, saying business in the country…
China’s appetite for cheese shows little sign of slowing
China is eating more cheese than ever. The country’s cheese market size reached just over US$1bn in 2021 and is…
Fears over China’s stance on Australia, NZ meat, dairy imports played down
Meat and dairy exporters in Australia and New Zealand have cooled reports claiming China was to suspend shipments from the…
Fonterra to close New Zealand milk-powder plant
Fonterra plans to close a milk-powder plant in New Zealand’s South Island as the dairy cooperative optimises production amid falling…
Revealed: the food manufacturers leading the way in e-commerce
Arla Foods and Fonterra are among the companies best positioned to take advantage of future e-commerce disruption in the food…