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Fonterra wraps up sale of two China farming hubs

New Zealand dairy giant Fonterra has completed the sale of its two wholly owned China farming hubs in Ying and Yutians to Inner Mongolia...

Fonterra to close its Te Roto factory, 65 jobs on the line

Dairy giant Fonterra will scrap its specialty cheese manufacturing operation in Te Roto and move production to Elham as part of the planned consolidation...

Fonterra to reduce water use at six manufacturing sites

Fonterra has announced a new water-saving initiative that will slash the company’s water consumption by more than 3.4 billion liters of water every year. Fonterra...

Fonterra to close its factory in Dennington with loss of nearly 100 jobs

Fonterra has announced that it would be closing its Dennington site in Australia. The company, which reported a $15 billion revenue for the third quarter,...

Fonterra set to offload iconic ice cream brand for $380m

Fonterra has agreed to sell its iconic ice cream business Tip Top to global ice cream company Froneri for $380 million. CEO Miles Hurrell described...

Fonterra appoints interim CEO

Fonterra has announced the appointment of Miles Hurrell to the position of interim Chief Executive with immediate effect. Mr Hurrell, who joined Fonterra in 2000,...

ACCC ‘concerned’ about Saputo-Murray Goulburn deal

The ACCC has raised concerns regarding Saputo's proposal to acquire Murray Goulburn's assets. The consumer watchdog said its concerns are solely in relation to Murray...

Fonterra announces multi-million investment in regional Victoria

New Zealand dairy giant Fonterra has announced a $165 million investment in manufacturing plant upgrades in regional Victoria. According to Fonterra, the bulk of the...

Fonterra’s Foodservice business becomes New Zealand’s 6th biggest exporter

Fonterra’s Foodservice business, Anchor Food Professionals, has generated more than $2 billion in annual revenue over the past year, thus becoming New Zealand’s sixth...

Fonterra opens rebuilt and expanded Stanhope facility

With support from the Andrews Labor Government, Fonterra has officially opened its rebuilt and expanded facility in Stanhope, Victoria which was destroyed by a...
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