New Zealand dairy co-operative Fonterra sold almost a tenth more
milk-derived ingredients this year than the previous 12 months,
pushing its overall revenue up 6 per cent to NZ$13 billion
(€6.4bn), it reported yesterday.
Fonterra, New Zealand's largest dairy co-operative, has formed a
research partnership with the US dairy industry, in an
international approach to promoting and proving health claims for
New Zealand dairy co-operative Fonterra announced today that it has
pulled out of the three month bidding war to buy National Foods,
crowning San Miguel the new owner of Australia's largest publicly
traded dairy company, Tom...
New Zealand dairy co-operative Fonterra, currently involved in a
bidding war for Australia's National Foods, has been told by the
Australian Takeovers Panel to issue a supplementary bidder's
statement about its possible...
New Zealand dairy co-operative Fonterra has upped its share price
offer for Australia's leading dairy company National Foods,
trumping a rival bid from San Miguel Corporation (SMC) and gaining
the unanimous backing of National...
Fonterra's CEO, Andrew Ferrier, arrived in Victoria, Australia
yesterday as part of a last-ditch attempt to convince Australian
dairy farmers to back the dairy co-operative's bid for the
country's leading dairy company,...
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 back a
rival offer from Philippines-based...
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 Armitage reports.
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
value-added subsidiaries, reports Tom Armitage.
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 just another commercial gimmick,...
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 Ferrier said
that the country represented 'considerable...
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 two years the
group plans to cut 700 administrative...
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 Australia's National Foods, reports Dow
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 the issued shares of New Zealand
Dairy Foods (NZDF).