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Fonterra CEO alerts dairy industry to rising soy threat
Andrew Ferrier, Fonterra's CEO, today reiterated calls for a united dairy industry amid the mounting threat of cheaper soy, nut and rice-based dairy alternatives, Tom Armitage reports.
Fonterra develops waste-reducing recyclable labels
Fonterra has developed a label that can be recycled along with the plastic wrap that goes around pallets of goods in order to reduce the amount of waste that is...
Fonterra extends National Foods share offer deadline
Fonterra, the New Zealand dairy co-operative, has extended its share offer to buy Australian food group National Foods to 8 March - despite National Foods' board urging its shareholders to...
Fonterra sells off under-performing Mexican cheese division
Fonterra, the New Zealand dairy co-operative, has announced it is to sell off its under-performing Mexican cheese division, in keeping with its long-term strategy to move away from commodification, Tom...
Fonterra continues battle to acquire National Foods
The New Zealand dairy giant has threatened to walk away from it takeover bid for Australian-based National Foods on the grounds that the AUD$2 billion (€1.14bn) asking price is too...
Fonterra bolsters value-added division with IP business
Fonterra, the New Zealand dairy co-operative, is looking to exploit a growing market for intellectual property (IP) licensing by creating a new formulated milk business to join its line of...
Fonterra consolidates interest in Asian dairy market
Fonterra intends to make an off market takeover offer for all of the shares of National Foods Limited [NFD] in a bid to open up the lucrative Asian food and...
Fonterra drives forward value-added dairy sector
Fonterra has built a new processing plant in New Zealand as part of its strategy to move its dairy business away from commodification and towards producing more value-added products.
Fonterra taps into low-carb diet fad
Fonterra, New Zealand's multinational dairy co-operative, has jumped on the low-carb bandwagon by launching a strain of milk protein designed to produce new low-carb yoghurt. But is all this hype...
Fonterra looks to China exports for future
New Zealand dairy giant Fonterrra has outlined ambitions to tap in on anticipated growth in demand for dairy imports to China. Speaking at a conference in Auckland today CEO Andrew...
Fonterra making progress on new milk ingredients
Dairy ingredients giant Fonterra says a new joint venture, set up to search for novel health ingredients in milk, has already identified a number of bioactives, currently waiting for patents.
Fonterra cut 700 jobs
Fonterra, New Zealand's leading dairy exporter, said on Monday that it plans to axe hundreds of jobs in order to streamline its business for future core efficiency. Over the next...
Fonterra selects EDS
New Zealand dairy giant Fonterra Co-operative has selected EDS as the company with which it will continue negotiations over outsourcing its global IT infrastructure. Fonterra's...
Edendale expansion for Fonterra
A new milk powder drier will begin processing milk today at Fonterra's Edendale plant. The factory that is now possible of processing 11 million litres...
Fonterra tastes success in UK
New Zealand dairy giant Fonterra has won a prestigious award in the UK for its vintage cheddar cheese. The award-winning cheese, manufactured at Fonterra Waitoa,...
Fonterra raises the standard
Dairy giant Fonterra is about to increase premiums to organic milk suppliers who choose to meet United States Department of Agriculture (USDA) standards. The company...
Fonterra's strategy attracts investors
Dairy multinational Fonterra Co-operative Group has raised US$165 million (€145m) in a private placement of long-term debt to US institutional investors. The issue of 12-year...
Fonterra - the next move
Fonterra Cooperative, a New Zealand based dairy products company, said on Monday that it has various growth options but remained coy on its intentions towards...
National Foods bids for Fonterra stake in dairy company
The Australian Commerce Commission has received an application from one of Australia's largest food companies, National Foods, to acquire up to 100 per cent of...
